- = payment on accountA stage payment made to a contractor based on the level of work completed at a specified date, as certified by an agreed authority. It is used in the costing of long-term contracts, such as civil engineering, shipbuilding, or large items of plant and machinery.
Accounting dictionary. 2014.
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progress payment — ➔ payment * * * progress payment UK US noun [C] (also milestone payment) HR, MANAGEMENT, WORKPLACE ► one of the payments made at different stages of a piece of work, usually when a particular stage has been completed: »If a progress payment is… … Financial and business terms
progress payment — noun : a partial payment made under a construction contract as the project goes forward * * * progress payment UK US noun [countable] [singular progress payment plural progress payments] business … Useful english dictionary
progress payment — UK / US noun [countable] Word forms progress payment : singular progress payment plural progress payments business a payment of part of the money agreed for a job when one part of the job is completed … English dictionary
progress payment — / prəυgres ˌpeɪmənt/ noun a payment made as a particular stage of a contract is completed ● The fifth progress payment is due in March … Dictionary of banking and finance
progress payment — periodinis mokėjimas statusas T sritis Gynyba apibrėžtis Pagal sutarties su tiekėju nuostatas atliekamas reguliarus mokėjimas, kurio suma sudaro sutartyje nustatytos sumos dalį. atitikmenys: angl. progress payment ryšiai: susijęs terminas –… … Lithuanian dictionary (lietuvių žodynas)
progress payment — Payment made as work progresses under a contract, upon the basis of costs incurred, of percentage of completion accomplished, or of a particular stage of completion. The term does not include payments for partial deliveries accepted by the… … Military dictionary
progress payment — An instalment of a total payment made to a contractor, when a specified stage of the operation has been completed … Big dictionary of business and management
Поэтапные выплаты (PROGRESS PAYMENT) — Платежи на основании промежуточных счетов по факту частичного завершения контракта … Словарь терминов по управленческому учету
payment — The amount required to repay a loan, including interest and fees. Bloomberg Financial Dictionary * * * payment pay‧ment [ˈpeɪmənt] noun 1. [countable, uncountable] FINANCE an amount of money that must be or has been paid, or the act of paying it … Financial and business terms
progress — ▪ I. progress pro‧gress 1 [prəˈgres] verb [intransitive] 1. to develop over a period of time, becoming better or more complete: • The joint venture is progressing faster than expected. progress to • We haven t yet progressed to the negotiating… … Financial and business terms