Remember that since this is a payable account, you're "crediting" a liability.
He was offered a contract of £5,000 for the entire sequence, a respectable sum, payable in installments of £500 per book.
In determining the WTP values in this study, the method of payment offered to the respondents was a lump sum payable within 6 months, which may also have contributed to this limitation.
Cash in the bank, from the individual and business point of view, means a sum payable in cash immediately, during regular banking hours, on order, deposited in what is called a commercial or checking account.
When Tennessee fired former head coach, Derek Dooley, (before hiring Butch) it agreed to pay Derek $5 million, a sum payable in installments over four years.
By 1981, when only the Grand Hyatt was open and the other buildings were in early stages, Trump had a personal credit line from Chase Manhattan Bank, unsecured, subject to no written agreement and payable at the prime rate, of $35 million--a "flexible sum," Chase bankers told the New Jersey Division of Gaming Enforcement.
The £2m is made up of 12 months' salary, pension and benefits and is payable in a lump sum in July 2013.
The terms of the chairman's contract entitle Shepherd to two years' salary and benefits payable as a lump sum in the event of the club being taken over and a new chairman appointed.
Smisek, the company's chief executive since United merged with Continental Airlines in 2010, will pocket a separation payment of about $4.9 million, payable as a lump sum in cash, a company regulatory filing said.
Is the earn-out payable in a lump sum or sliding scale?
With a deferred 'balloon' payment, for example, a lump sum is payable at the end of the mortgage term, keeping monthly repayments down.
