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Partial payment refers to the offering of a payment by check for less than the full amount claimed by the creditor.
Such an offer for debt discharge by tender of a "payment-in-full" check is common practice. If the amount tendered is not grossly insufficient, the creditor must decide whether to accept the payment and forfeit the balance, or refuse and try to collect the full amount. Court rulings have treated the tender of such a check as the offer of an accord and satisfaction. If the creditor accepts, endorses, and receives payment from the check, he has accepted the contract, and so discharged the whole debt owed by the debtor.[1]
Partialpayment refers to the offering of a payment by check for less than the full amount claimed by the creditor. Such an offer for debt discharge by...
Down payment (also called a deposit in British English), is an initial up-front partialpayment for the purchase of expensive items/services such as a...
typically is unable to meet the desired discount deadline. A partial discount for whatever payment the buyer makes helps the seller's cash flow partially....
may refer to: Deposit (finance) (also security deposit) A down payment or partialpayment in advance Deposit (town), New York Deposit (village), New York...
only partial information stored in the merchant system. An example of split payment implementation during checkout An example of split payment transaction...
summary invoice to request a single payment for accrued monthly charges. Progress billing used to obtain partialpayment on extended contracts, particularly...
and the government, and promotes voluntary compliance with all future payment and filing requirements. At least one of three conditions must be met to...
to an April incident at a local car body shop. Crawford had made a partialpayment but refused to pay the remainder after he wasn't satisfied with the...
representative from the U.S. State Department congratulates and offers a partialpayment to a fully disguised informant whose information led to the neutralization...
as charity, their ability to benefit from the revenue even from a partialpayment, their retention of a longtime customer/client, or referrals that such...
than 36 months after the date the patient was discharged or the last partialpayment the patient made to the hospital, contractor, or agent. After that...
states that wives would customarily make the pasta for churchmen as partialpayment for land rents (In Romagna, the Catholic Church had extensive land...
payment is partialpayment of the purchase price and partialpayment of interest on the unpaid purchase price. This is similar to mortgage payments which...
expenses (particularly your GOVCC bill). This is known as a Scheduled PartialPayment (SPP). You must request, and the AO must approve, SPP before the trip...
his career in aviation and attend college. Using the G.I. Bill for partialpayment of his school tuition, Grissom enrolled at Purdue University in September...
existed, the payment models varied, but most mail was sent unpaid requiring the recipient to pay the postage fee. In some regions a partialpayment was made...
and gave a testimonial about his longtime friendship with him. In partialpayment for starring together in the Aaron Spelling and Leonard Goldberg production...
2010). In most EU member States, debt discharge is conditioned by a partialpayment obligation and by a number of requirements concerning the debtor's...
A payment card number, primary account number (PAN), or simply a card number, is the card identifier found on payment cards, such as credit cards and...
which was passed in 1975), if the warranty does not provide full or partialpayment of labor (to repair the device or system), it is the owner's choice...
Tony beats him, forcing him to sell his son Eric's car to him as partialpayment. Tony tries to give it to Meadow, but she recognizes it as Eric's and...
The payment card industry (PCI) denotes the debit, credit, prepaid, e-purse, ATM, and POS cards and associated businesses. The payment card industry consists...