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Makaannan Posted 15 years ago
Vocabulary
"Payment commitment"
Hi!
What would be an idiomatic way of naming a document in which a person undertakes to pay a fee/ticket at a later date. In this case a person is not able to pay a ticket on a public means of transport but signs a document in which that person commits himself to pay the fare later when the invoice is sent.
Sounds complicated, doesn't it... But could this document the person signs be called "payment commitment" or something else?
BR Olav
What would be an idiomatic way of naming a document in which a person undertakes to pay a fee/ticket at a later date. In this case a person is not able to pay a ticket on a public means of transport but signs a document in which that person commits himself to pay the fare later when the invoice is sent.
Sounds complicated, doesn't it... But could this document the person signs be called "payment commitment" or something else?
BR Olav
Top answer
Hi, Generally, we call it as "post-payment" in India. Regards, Sri
- Hi, Generally, we call it as "post-payment" in India.
- Regards, Sri
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4 Answers
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Informally, for small amounts, we call such a form an "I owe you" or I.O.U.
Businesses call it an "invoice" - a document they give you or send you to notify you that you owe them a payment for a purchase.
For regular monthly notices, (i.e. a credit card company), the bill is called a "statement."
For very expensive items paid for over a period of time (a house, tract of la
Businesses call it an "invoice" - a document they give you or send you to notify you that you owe them a payment for a purchase.
For regular monthly notices, (i.e. a credit card company), the bill is called a "statement."
For very expensive items paid for over a period of time (a house, tract of la
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