effect payment

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• effect — ▪ I. effect ef‧fect 1 [ɪˈfekt] noun 1. [countable, uncountable] the way in which an action, event, or person changes someone or something: • Inflation is having a disastrous effect on the economy. demonˈstration efˌfect [singular] …   Financial and business terms

• payment — I (act of paying) noun acquittal, acquittance, amortization, amortizement, clearance, compensation, defrayal, defrayment, disbursement, discharge of a debt, expenditure, liquidation, outlay, quittance, receipt in full, reckoning, recompense,… …   Law dictionary

• payment in due course — Payment at or after the maturity of the instrument to the holder thereof in good faith and without notice that his title is defective. 11 Am J2d B & N § 964. For effect of the Commercial Code upon the requirement of a payment in due course for… …   Ballentine's law dictionary

• effect — /ɪ fekt/ noun 1. a result ● The effect of the pay increase was to raise productivity levels. 2. ♦ terms of a contract which take effect or come into effect from January 1st terms which start to operate on January 1st ♦ prices are increased 10%… …   Marketing dictionary in english

• effect — /ɪ fekt/ noun 1. a result ● The effect of the pay increase was to raise productivity levels. 2. operation ♦ terms of a contract which take effect or come into effect from January 1st terms which start to operate on January 1st ♦ prices are… …   Dictionary of banking and finance

• Payment Option ARM — A monthly adjusting adjustable rate mortgage (ARM) which allows the borrower to choose between several monthly payment options: a 30 or 40 year fully amortizing payment, a 15 year fully amortizing payment, an interest only payment, a minimum… …   Investment dictionary

• Payment For Order Flow — The compensation and benefit a brokerage receives by directing orders to different parties to be executed. The brokerage firm receives a small payment, usually a penny per share, as compensation for directing the order to the different parties.… …   Investment dictionary

• payment under mistake of law — A payment made by a person who having full knowledge of the facts comes to an erroneous conclusion as to their legal effect. 40 Am J1st Paym § 207 …   Ballentine's law dictionary

• international payment and exchange — ▪ economics Introduction international exchange also called  foreign exchange        respectively, any payment made by one country to another and the market in which national currencies are bought and sold by those who require them for such… …   Universalium

• Electronic bill payment — is a feature of online banking, similar in its effect to a giro, allowing a depositor to send money from his demand account to a creditor or vendor such as a public utility or a department store to be credited against a specific account. The… …   Wikipedia

• Hawthorne effect — The Hawthorne effect is a form of reactivity whereby subjects improve or modify an aspect of their behavior being experimentally measured simply in response to the fact that they know they are being studied,[1][2] not in response to any… …   Wikipedia