payment

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payment

 [pa´ment]
remuneration in exchange for goods or services.
prospective payment payment to a health care facility at a predetermined rate for treatment regardless of the cost of care for a specific individual patient.
third party payment payment of hospital or other health care bills by a source other than the patient; the most common sources are private or governmental insurance. Called also third party reimbursement.

payment

Vox populi A wad of cash given for a service rendered or product received. See Bonus payment, Bundled payment, Pass-through payment, Prospective payment.

payment,

n the performance of a duty or promise; the discharge of a debt or liability by the delivery of money or something else of value.
payment, progress,
n the interim payments by the purchaser of a dental plan contract to the carrier for use as an operating fund. A final accounting is always completed when actual costs are paid.
References in periodicals archive ?
The model revealed that, even after considering the complexity of rent-to-own contracts and the costs paid by the owner-dealer, implicit interest rates can actually be higher than those estimated with the methodology used by previous researchers, who considered all of rent-to-own payments to be purchase payments.
30% calculated on the purchase payments adjusted for withdrawals (Total Income Value) for both single and joint life payout, and is subject to change on each quarterly anniversary, but will never be less than the minimum charge of 0.
This annuity is designed for individuals who would like to lock in a future guaranteeda income stream for their retirement years, but don't have a large amount of discretionary funds and would prefer the convenience of flexible purchase payments.
The option would enable people who have certain medical conditions, including a history of heart attacks, strokes or Alzheimer's disease, to apply for special medical underwriting, which might result in higher annuity payments or lower purchase payments than would ordinarily be available.
The bonds are special, limited revenue obligations of the corporation, payable solely from purchase payments made by the City of Yuma (the city), Arizona to the corporation.
Contract awarded for Guangzhou Hyocheon 2 A1 apartment block generator electrical construction materials purchase payments
Apple Pay provides a secure method to accept payments from customers through the iPhone 6 and iPhone 6 Plus, and In-App Purchase payments are expected to represent the largest share of early Apple Pay transactions.
Protective said miles will be awarded for initial purchase payments and may be awarded for subsequent purchase payments.
Amounts transferred by the formula are specific to your individual annuity and include: (i) The difference between the account value and the Protected Withdrawal Value; (ii) How long you have owned Highest Daily Lifetime Seven (iii) The amount invested in, and the performance of, the Permitted Subaccounts; (iv) The amount invested in, and the performance of, the Bond Portfolio; and (v) The impact of additional purchase payments made to and withdrawals taken from the annuity.
The percentage is determined by the cumulative amount of purchase payments.
The rate, which increased from 5% to 6%, is applicable for all new accounts and for add-on payments from existing clients for all new purchase payments regardless of the amount of the payment or the issue date of the contract.