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KB Term:
Payment
Sigma KEE - Payment
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payment
The partial or complete discharge of an obligation by its settlement in the form of the transfer of funds, assets, or services equal to the monetary value of part or all of the debtor's obligation.
Relationships
Parents
financial transaction
A
Transaction
where an instance of
FinancialInstrument
is the subject of the action, and often is exchanged for something else.
Children
bank card payment
a
BankCardPayment
is a type of
Payment
where a
CreditCard
or a
DebitCard
is used as the
FinancialInstrument
in the transaction.
cash payment
a
CashPayment
is a type of
Payment
where
Currency
is used as the
FinancialInstrument
in the transaction
dividend
A taxable payment declared by a company's board of directors and given to its
shareHolder
s out of the company's current or retained earnings. Usually quarterly. Usually given as cash, but it can also take the form of
Stock
or other property.
prepayment
Prepayment is the payment of all or part of a debt prior to its due date.
repayment
A Repayment is a subclass of
Payment
where the origin of a previous payment is the destination of the repayment, and vice versa. The transactionAmount is the same as that previous payment.
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Sigma version 3.0 is
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