Tag: payment

Progress Billing Example

Find a progress billing example below. Progress Billing Example UNCONDITIONAL FINAL WAIVER AND RELEASE OF LIENS AND CLAIMS OWNER: Business X, LLC. PROJECT NAME: PRIORITY MANAGEMENT For and in exchange of the sum of $, the sufficiency of which is hereby acknowledged, the undersigned Contractor, subcontractor, consultant, materialmen or laborer (hereinafter the “Undersigned”) warrants and

Read More

Define Payment Terms

See Also: Terms of Sale Net 30 Credit Terms Cost Recovery 2/10 net 30 Down Payment Define Payment Terms Define payment terms as the terms required for payment on a product, are a function of the service offering of a vendor. These terms are an extension of how a vendor wants to treat a customer.

Read More

Damage Claim

See Also: Secured Claim Unclaimed Property Evaluating and Renewing Employee Health Insurance Plan How to avoid additional insurance premiums Third Party Insurance Damage Claim Definition A damage claim, defined as the claim of damages, to a liable or insuring company, which result in financial loss from an associated victim party, are a common legal concept.

Read More

Discount Payback Period (DPP)

See Also: Discount Rate Discounted Cash Flow Analysis Discounted Cash Flow vs IRR Discount Payment Period (DPP) Definition The Discount Payment Period (DPP) refers to the period of time in which a payment on a purchase can be made for a discount incentive. A DDP can lead to advantages for both sides of the transaction.

Read More

Commercial Lease

Commercial Lease Definition A commercial lease generally speaking refers to the use of office space, warehouses, or even the land itself without the hassle of ownership. These assets are used in return for periodic payments or commercial lease payments. Commercial Lease Explained Commercial leases have several advantages over simply owning the fixed assets, but also

Read More
WIKI CFO® - Browse hundreds of articles
Skip to content