Progress payments


 

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Progress payments

Periodic payments to a supplier, contractor, or subcontractor for work as it is completed as desired, in order to reduce working capital requirements.



Progress payments

Similar Matches

Technological progress

Technological progress

A technological change that increases output for any given input.


Appel Loan (Accelerating Payoff Progressive Equity Loan)

Appel Loan (Accelerating Payoff Progressive Equity Loan)

A residential property loan which calls for a payment increase over the first 6 years. Level payments are made for the remaining years and the loan paid off during the 15th year. There is no prepayment penalty and P.M.I. is required.


Progressive tax system

Progressive tax system

A tax system that taxes the wealthy at a higher percentage rate than the less wealthy.


Progress review

Progress review

A periodic review of a capital investment project to evaluate its continued economic viability.


Technical progress

Technical progress

Same as technological progress.


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