Payment - Law Dictionary Search Results
disposable income
the disposable income of all individuals and businesses is calculated as total national income minus taxes plus transfer payments
Debit card
cards do not require the establishment of a credit line and such transactions do not incur any interest payments
Cashier
One who has charge of money a cash keeper the officer who has charge of the payments and receipts moneys checks notes of a bank or a mercantile company
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variable expenses
variable expenses Costs or payments that may vary from month to month, for example, gasoline or food. Source: U.S. Department of Housing and
straight-line
straight-line : marked by equal payments over a given term [using the method of depreciation]
spousal support or maintenance
spousal support or maintenance Financial payments made to help support a spouse or former spouse during separation or following divorce. Also called alimony.
servicing
servicing the collection of mortgage payments from borrowers and related responsibilities of a loan servicer. Source: U.S. Department of Housing and Urban Development
paid-up
paid-up : requiring no further payments [a insurance policy]
servicer
servicer a business that collects mortgage payments from borrowers and manages the borrower's escrow accounts. Source: U.S. Department of Housing and Urban Development
security
obligations pass-through security : a security representing an ownership interest in a pool of debt obligations from which payments of interest and principal pass from the debtor through an intermediary (as a bank) to the investor ;esp
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