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Payment options ex.3
Term | Definition |
---|---|
cash | paper currency |
credit | a form of payment based upon a promise to make a payment in the future |
check | a slip of paper that gives permission to remove a certain amount of money from an account |
layaway | a system in which a company holds an item while a customer makes payments, and the customer may only take it after paying in full |
pay | to give money in exchange for something |
financing | the act or process of arranging or providing a loan |
interest | money paid regularly as part of a loan payment |