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Category

Payments

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subsidy
A subsidy, subvention or government incentive is a type of government expenditure which redistributes from tax payers to individuals, households, or businesses. Subsidies take various forms, such as direct government expenditures, tax incentives, soft loans, price support, and government provision of goods and services. For instance, the government may distribute direct payment subsidies to individuals and households during an economic downturn in order to help its citizens pay their bills and to stimulate economic activity.
payment
250px|thumb|Payment with a bank card in a store in [[Taiwan]] A payment is the tender of something of value, such as money or its equivalent, by one party (such as a person or company) to another in exchange for goods or services provided by them, or to fulfill a legal obligation or philanthropy desire. The party making the payment is commonly called the payer, while the payee is the party receiving the payment. Whilst payments are often made voluntarily, some payments are compulsory, such as payment of a fine.
fine
financial penalty
fee
thumb|Fee slips for a university college. A fee is the price one pays as remuneration for rights or services. Fees usually allow for overhead, wages, costs, and markup. Traditionally, professionals in the United Kingdom (and previously the Republic of Ireland) receive a fee in contradistinction to a payment, salary, or wage, and often use guineas rather than pounds as units of account. Under the feudal system, a Knight's fee was what was given to a knight for his service, usually the usage of land. A contingent fee is an attorney's fee which is reduced or not charged at all if the court case i
tuition fee
sum of money charged for teaching or instruction by a school, college, or university
Thirty pieces of silver
a price received for a betrayal (as Judas Iscariot received for betraying Jesus)
paycheck
thumb|right|An example of a payslip from the John Lewis Partnership, showing gross salary, tax and [[National Insurance paid and yearly bonus entitlement, among other things]] A paycheck, paycheque, or pay cheque is traditionally a paper document (cheque) issued by an employer to pay employees for services rendered. In recent times, the physical paycheck has been increasingly replaced by electronic direct deposits to the employee's designated bank account or loaded onto a payroll card. Employees may still receive a pay slip to detail the calculations of the final payment amount.
allowance
money allotted at regular intervals
bounty
payment or reward
transfer payment
governmental wealth redistribution
Charon's obol
allusive term for a coin placed in the mouth of the dead to pay Charon to ferry them to the underworld
remittance advice
letter sent by a customer to a supplier to inform the supplier that their invoice has been paid
settlement
collective term for all operations relating to the payment of money
lump sum
single payment of money, as opposed to a series of payments made over time
Payment protection insurance
Type of consumer insurance, often mis-sold
petty cash
proxy
payment processor
type of financial service provider facilitating payment transactions
golden handshake
contract clause for a severance package