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payment
(redirected from Payor)

   Also found in: Dictionary/thesaurus, Medical, Legal, Wikipedia 0.01 sec.
Payment
The amount required to repay a loan, including interest and fees.

Payment
The reception of compensation for a good or service. For example, if one sells a hairdryer for $10, the payment is $10. In a cash sale, payment is made immediately or almost immediately, while in a credit sale, payment may be delayed for a certain period of time.

payment

Funds given to another in exchange for goods or services or as reimbursement for money loaned.A mortgage payment may consist of interest only;it could be a combination of principal and interest; or it could also include sums for real estate taxes, property insurance, and/or private mortgage insurance. In order to use Microsoft Excel to calculate your monthly principal and interest payment for a mortgage, do the following:

1. In cell A1, place the annual interest rate.

2. In cell A2, place the number of months of the loan to fully amortize it.

3. In cell A3, place the principal amount of the loan.

4. In cell A4, write the following formula exactly: pmt(A1/12,A2,A3)

5. Cell A4 will calculate your monthly payment.



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Corporate leaders, investors and inventors now evaluate the reimbursement landscape at the beginning of the product development process and try to anticipate payor trends likely to impact product commercialization in the future.
To determine the basic child support obligation, you need to look at: * the province or territory where the paying parent lives; * the paying parent's total income from his/her tax return; and * the number of children (of the payor and recipient) who are entitled to support.
Conemaugh Health Initiative is a 100-physician practice that is partnering with MPV to streamline payor contract management and payment verification processes.
 
 
 
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