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Nonspecific compensation occurs in integrative negotiation when one party is allowed to obtain his/her objectives and then "pays off" the other person for accommodating his/her interests.
Point-Of-Sale System
An EFT system that enables consumers to directly transfer funds from a bank account to a merchant.
Direct Pay System
A payment model where payers (such as employers or government entities) pay providers directly for healthcare services, bypassing traditional insurance companies.
Appellate Court
A higher court that reviews the decisions of lower courts to determine if legal errors were made that could change the outcome of a case.
Fraudulent Transactions
Financial transactions made with the intention of deceiving or defrauding others.
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