Payment example sentences

First charge implies the priority in repayment of loan.But for the banks, there would be no demand deposits and no payments by cheques against these deposits.The major idea underlying the setting up of the IMF is to evolve an orderly international monetary system, i.e., facilitating system of international payments and adjustments in exchange rates among national currencies.Similarly compare, items on the payments side of the Receipt and Payment Account with expenditure side of the Income and Expenditure Account.The payment of dividend is an appropriation out profits, whereas the payment of interest is a charge on profits and is to be paid even if there is no profit.The Receipt and Payment Account has an opening balance while the Income and Expenditure Account does not.These interest payments themselves contribute to the debt.It expresses the relationship between profits available for payment of interest and the amount of interest payable.It contains a contract for repayment of principal after a specified period or at intervals or at the option of the company and for payment of interest at a fixed rate payable usually either half-yearly or yearly on fixed dates.The payment of dividend is an appropriation out profits, whereas the payment of interest is a charge on profits and is to be paid even if there is no profit.Redemption of debentures means discharge of liability on account of debentures by repayment made to the debentureholders.Other examples of cash flows include collection of cash from debtors, payment to creditors, payment to employees, receipt of dividend, interest payments, etc.The process of production in an economy generates factor payments for those involved in production and generates goods and services as the outcome of the production process.But in many cases the government exempts payment of excise duty or later on refunds it if the goods so manufactured are meant for exports.As stated previously, a letter of credit is a guarantee issued by the importer's bank that it will honour payment up to a certain amount of export bills to the bank of the exporter.