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partial payment

   Also found in: Dictionary/thesaurus, Legal, Wikipedia 0.01 sec.
progress payment
A partial payment made during progress of the work, 1 on account of work completed and/or materials suitably stored.


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Caracas also accepts services and goods, such as rice or bananas, as partial payment.
It can record services and expenses, round time, apply discounts, handle subcontracted work, use multiple currencies, apply taxes, record partial payments and many more.
To those you owe, it is a better financial decision for them to accept partial payment from you than none at all if you file for bankruptcy or simply never pay.
 
 
 
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