Prompt Payment Discounts

Business / Finance / Prompt Payment Discounts: Discounts that a business gives to credit customers who pay within a specified period of time; also called sales discounts. On an income statement, this amount is subtracted from Gross Sales to yield Net Sales.

Other Words for Prompt

Prompt Verb Synonyms: reminder, cue, hint, stimulus
Prompt Noun Synonyms: quick, ready, immediate, instantaneous, unhesitating, rapid, fast, swift, speedy, punctual, timely, on time, instant, summary, brisk, alacritous
Prompt Adjective Synonyms: cue, remind, feed lines (to), help
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Payments In Lieu Of Taxes (PILT)

Business / Agriculture / Payments In Lieu Of Taxes (PILT): A program administered by the Bureau of Land Management of the Department of the Interior to compensate counties for the tax-exempt status of federal lands: the fixed payments per entitlement acre (on MORE

Payment-In-Kind (PIK) Bond

Business / Finance / Payment-In-Kind (PIK) Bond: A bond that gives the issuer an option (during an initial period) either to make coupon payments in cash or in the form of additional bonds. MORE

Payment-In-Kind (PIK)

Business / Agriculture / Payment-In-Kind (PIK): In general, a payment made in the form of CCC-owned commodities (or title to them) in lieu of cash. This form of payment was widely used during the 1980s for paid diversion, deficiency payments, and e MORE

Payment Threshold

Business / Internet Marketing / Payment Threshold: The minimum accumulated commission an affiliate must earn to trigger payment from an affiliate program. MORE

Payments Netting

Business / Finance / Payments Netting: Reducing fund transfers between affiliates to only a netted amount. Netting can occur on a bilateral basis (between pairs of affiliates), or on a multi-lateral basis (taking all affiliates together). MORE

Payments Pattern

Business / Finance / Payments Pattern: Describes the collection pattern of receivables. The pattern might describe the probability that a 72-day-old account will still be unpaid when it is 73 days-old. MORE

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