token payment

token payment
token payment
n.
a partial payment made as a token of intention to pay the remainder of the debt later

English World dictionary. . 2014.

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Look at other dictionaries:

  • token payment — index binder, installment, pledge (security) Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • token payment — noun a small payment made in acknowledgement of an obligation • Hypernyms: ↑payment * * * noun : a very small payment made upon a debt and intended by the payer merely to acknowledge the existence of the obligation * * * a small payment binding… …   Useful english dictionary

  • token payment — symbolic payment, small payment …   English contemporary dictionary

  • token payment — / təυkən ˌpeɪmənt/ noun a small payment to show that a payment is being made …   Marketing dictionary in english

  • token payment — / təυkən ˌpeɪmənt/ noun a small payment to show that a payment is being made …   Dictionary of banking and finance

  • token payment — a small payment binding an agreement or acknowledging a debt. * * * …   Universalium

  • token payment — /toʊkən ˈpeɪmənt/ (say tohkuhn paymuhnt) noun a small payment binding an agreement or acknowledging a debt …  

  • token payment — Synonyms and related words: bail, bond, earnest, earnest money, escrow, gage, handsel, hock, hostage, mainprise, pawn, pignus, pledge, recognizance, replevin, replevy, surety, undertaking, vadimonium, vadium| …   Moby Thesaurus

  • token — ▪ I. token to‧ken 1 [ˈtəʊkən ǁ ˈtoʊ ] noun [countable] a piece of paper, card, plastic etc that can be exchanged for goods: • Collect eight of these tokens and send off for a free recipe book. ˈbook ˌtoken a piece of paper worth a particular… …   Financial and business terms

  • payment — n. 1) to make (a) payment 2) to stop payment (of, on a check) 3) to suspend payments 4) a cash; down ( initial ); redundancy (BE; AE has severance pay); token payment 5) (a) payment for, on 6) in full payment (of a bill) * * * [ peɪmənt] on token …   Combinatory dictionary

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