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.
References in periodicals archive ?
At the opposite end of the scale, half (14 out of 28) of member states recorded that less than 10 per cent of their population were in arrears with mortgage or rent, utility bills or hire purchase payments. The smallest proportions were 5.0 per cent in the Netherlands, 4.4 per cent in the Czech Republic and 4.2 per cent in Germany.
In deals with this term, the final purchase payments are based on the collected billings from the seller's clients for the first year following the closing.
* Return of purchase payments. If the annuitant dies before the annuity date, purchase payment will be returned to the beneficiary in most cases.
The increase in bottomline is attributable to higher capacity purchase payments, indexed to exchange rate parity, higher tariff profile and higher production bonus on a higher load factor under the Power Purchase agreement.
These allow an investor to terminate a contract without paying any penalties, with a full refund paid reflecting the account value on termination or purchase payments. "This ...
Consideration is comprised of 10 million Stonehenge shares plus 60 million Stonehenge performance shares with A$3 million to be spent on work commitments and purchase payments over 24 months including up to A$150k of expenses reimbursement.Important Corporate NewsAustralian womenswear retailer Specialty Fashion Group Limited (ASX:SFH) has upgraded its profit guidance the first half of FY10.
In fixed products, some carriers are reducing percentages on first-year interest guarantees, while others offer very attractive rate guarantees for one, two or three years but only for sizeable purchase payments.
Barclays Bank and NSE traders have formed a partnership that authorises the traders to take share purchase payments on credit and debit cards with point-of-sale terminals.
His Fiat Punto was a write-off and his own insurance could not cover the remaining hire purchase payments.
Most lift-truck manufacturers offer such programs, and some will even fold the cost into a truck's lease or purchase payments.
``We envisage the day when motorists would have fixed monthly bills for their cars which would include purchase payments, servicing and a fixed volume of fuel,'' said Datamonitor oil analyst Mike Phillips.
* Some companies offer a 5% simple interest death benefit, which pays a death benefit of the greater of the current value of the contract or the sum of purchase payments accumulated at 5% interest.