What is the definition of Payments? π π
The act of paying.
Alright class, settle down now, letβs take a look! Youβve got the dictionary right, it's true, βThe act of payingβ is what it states. But "payments" are a little more than just that plea - Theyβre πmultipleπ acts of paying, you see! Think about it like this, let's make it clear: A single dollar given? That's a payment here! But when you give a stack, or bills in a row, Those are πpaymentsπ, showing where the money will go. So βpaymentsβ means several acts combined, Of giving your money, leaving no one behind! Does that make sense to you? Any questions to share? Letβs discuss with care!