They pooled assets that yielded a regular flow of payments (mortgages, car loans, credit-card receivables, etc).
Savers are prone to think that the fixed flow of payments offered by debt is safer than it actually is.
The resulting flow of payments is notoriously opaque and also ironic, given that Mr Jarvis and his supporters thought of themselves as small-government conservatives.
For a net debtor nation like America, lower rates raise national income by reducing the flow of payments to foreign bondholders.
The demand comes as part of what is known in Brussels as an amending budget proposal, a routine event that occurs regularly and is dependent on the ebb and flow of payments into the EU machine.
The money of one country, however, cannot as a rule be used in another country; the flow of payments must be interrupted at national boundaries by exchange transactions in which one national money is converted into another.
Expect all of these parties to now enter the fray with briefs in support of Argentina, with many arguing that applying this injunction to third parties would upset the orderly flow of payments in many other instances.
Before, there was at least a regular flow of payments from the education ministry.
If you understand the flow of payments in healthcare, you can predict the trends.
Each group has its own Web page where you can initiate transactions and track the flow of payments between members.
What's more, the current healthcare system involves many entities and a complicated flow of payments, which layers on the cost of care.
