Money that an employer pays to an employee when the employee leaves the company in case of layoffs, often in exchange for some kind of waiver.

(banking) The amount paid per month in Principal, Interest, Taxes and Insurance for a given property. Used in determining the debt/income ratio.

An overdue payment from a debtor to a creditor on money owed.

plural of back payment

plural of down payment

(law, finance) A payment representing a fraction of the price of something being purchased, made to secure the right to continue making payments towards that purchase.

A measure of all flows of money into and out of a country including payments for goods and services and capital flows. / The systematic record of such transactions.

A meager monetary allowance, wage, or remuneration; a very small payment.

An unusually large payment due at the end of the term of a loan agreement.

(banking) A card, such as a credit card or debit card, which can be used for payment of goods or services.