TERMIUM Plus®

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TOKEN PAYMENT [1 record]

Record 1 1998-11-03

English

Subject field(s)
  • Loans
DEF

A deposit given as a token of good faith for the purchase of goods or services. On receipt of the goods or services, the outstanding debt will be paid. [Klein, Gerald. Dictionary of Banking. Pitman Publishing, 1995].

French

Domaine(s)
  • Prêts et emprunts
DEF

Paiement qui, tout en étant réel, n'a pas de valeur en soi.

Spanish

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