Examlex
As a result of Nasser's nationalization of the Suez Canal in 1956,
Payment
The transfer of money or goods from one party to another in exchange for goods, services, or to fulfill a legal obligation.
ROG
Depending on context, can refer to Receipt of Goods, indicating the time when goods are received and payment obligations begin.
Outstanding Balance
The amount of debt, or loan, that has not yet been repaid. It can change daily due to interest and payments.
Invoice
A detailed bill showing goods sold or services provided, along with the amounts due for payment.
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