Payment in kind — refers to payment for goods or services with a medium other than legal tender (anything can be used as money, but legal tender is what the State accepts for all debts).Etymology“Kind” (or sometimes ) in this context is an archaic noun meaning… … Wikipedia
Medium of exchange — Economics … Wikipedia
Payment Services Directive — The Payment Services Directive (PSD) is a regulatory initiative from the European Commission (Directorate General Internal Market) which will regulate payment services and payment service providers (as defined in the Directive) throughout the… … Wikipedia
Medium-capacity rail transport system — The Scarborough RT line of the Toronto Subway and RT uses medium capacity rail cars. In rail transport, a medium capacity system (MCS) is a non universal term coined to differentiate an intermediate system between light rail and heavy rail. The… … Wikipedia
Payment for ecosystem services — Payments for Ecosystem Services (PES), also known as Payments for Environmental Services (or Benefits) broadly defined, is the practice of offering incentives to farmers or landowners in exchange for managing their land to provide some sort of… … Wikipedia
Payment — The transfer of one form of good, service or financial asset in exchange for another form of good, service or financial asset in proportions that have been previously agreed upon by all parties involved. Payment can be made in the form of funds,… … Investment dictionary
international payment and exchange — ▪ economics Introduction international exchange also called foreign exchange respectively, any payment made by one country to another and the market in which national currencies are bought and sold by those who require them for such… … Universalium
Standard of deferred payment — A standard of deferred payment is the accepted way, in a given market, to settle a debt. For example, while the gold standard reigned, gold or any currency convertible to gold at a fixed rate constituted such a standard. As of 2003, the US dollar … Wikipedia
Electronic Payment Exchange — Headquartered in Wilmington, Delaware and with offices in Phoenix, Arizona, payment processor [http://www.epx.com/index.html Electronic Payment Exchange (EPX)] emerged as a division of a local bank headquartered in Wilmington, Delaware. The… … Wikipedia
military payment certificate — An instrument (scrip) denominated in US dollars that is used as the official medium of exchange in US military operations designated as military payment certificate areas. Also called MPC … Military dictionary