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Partial Payment
An amount paid that is less than the total due, often applied to a debt or invoice, which does not fully settle the outstanding amount.
Indorses
To sign the back of a financial instrument, thereby transferring ownership or to express support.
Drawee's Payment
Involves the party, usually a bank, upon which a check or draft is drawn, making the payment as specified to the payee or bearer.
Indorses
Indorses refers to the act of signing the back of a negotiable instrument, like a check, thereby transferring the title or the rights to another party.
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