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Topic: Standard of deferred payment

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Store of value

Money

Money supply

Numismatics

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	Indexation - An Islamic Evaluation (Site not responding. Last check: 2007-10-20)
		The technique of indexation in foreign trade and payments would imply a large number of problems relating to measurement, assignment of weights to countries and commodities etc., which would have to be solved in a manner acceptable to all concerned.
		Payment in terms of other currency than the one quote by the seller cannot be deferred and will have to be effected without delay at the exchange rate prevailing at the time of sale.(Ibn Qudama,Vol.4, p.48).
		The same consistency exists in case liability of deferred payment arises not as a result of transaction of loan on money but even when it arises as a result of barter demonetization, debasement devaluation or revaluation remuneration and compensation and indemnity.
	www.islamic-finance.net /siber/lib3/hasanuz.html (8151 words)

	IAS Plus International Accounting Standards IFRS 2, Share-based Payment (Site not responding. Last check: 2007-10-20)
		A share-based payment is a transaction in which the entity receives or acquires goods or services either as consideration for its equity instruments or by incurring liabilities for amounts based on the price of the entity's shares or other equity instruments of the entity.
		Any payments made with the cancellation or settlement (up to the fair value of the equity instruments) should be accounted for as the repurchase of an equity interest.
		All equity-settled share-based payments granted after 7 November 2002, that are not yet vested at the effective date of IFRS 2 shall be accounted for using the provisions of IFRS 2.
	www.iasplus.com /standard/ifrs02.htm (4410 words)

	Standard of deferred payment (Site not responding. Last check: 2007-10-20)
		A standard of deferred payment is the accepted way (in a given market) to settle a debt.
		This is distinct from the store of value function which relates to the saving, storing, and retrieval of value, and from the unit of account function which requires fungibility so accounts in any amount can be readily settled.
		When it isn't, or when complex and volatile forms of financial capital are involved, it becomes important to identify a single standard of deferred payment to avoid cheating by selecting a denominator of debt that one knows is dropping in value.
	bopedia.com /en/wikipedia/s/st/standard_of_deferred_payment.html (234 words)

	Standard of deferred payment - Wikipedia, the free encyclopedia
		For example, while the gold standard reigned, gold or any currency convertible to gold at a fixed rate constituted such a standard.
		As of 2003, the US dollar or Euro are the most generally accepted standards for international settlements.
		Time-based currency such as Ithaca Hours establishes fixed amounts of human labour as the only standard of deferred payment.
	en.wikipedia.org /wiki/Standard_of_deferred_payment (297 words)

	EPA: Federal Register: Section 8 Housing Choice Voucher Program; Expansion of Payment Standard Protection
		HUD believes payment standard protection should extend for the duration of the lease term, and not be restricted to a limited number of years.
		The payment standard amount used by the PHA to calculate the monthly housing assistance payment at the first regular reexamination following the decrease in the payment standard amount is the higher of these two payment standard amounts.
		Irrespective of any increase or decrease in the payment standard amount, if the family unit size increases or decreases during the HAP contract term, the new family unit size must be used to determine the payment standard amount for the family beginning at the family's first regular reexamination following the change in family unit size.
	www.epa.gov /fedrgstr/EPA-IMPACT/2000/July/Day-10/i17024.htm (1754 words)

	Combatting Credit Card Fraud by Worldpay
		WorldPay's 'deferred payments' feature (also know as 'pre-authorisation') enables you to freeze a transaction when the shopper pays, to delay the movement of funds from their card.
		However, you could allow the deferred payment to lapse, and then enable the shopper to re-order; or you could complete for the full amount and then make a partial refund.
		Deferred Payment does not affect the emails sent to you or the shopper - to confirm the payment (and order) details.
	www.hazelnet.co.uk /worldpay/Deferred_Payments.html (1094 words)

	Debt article - Debt standard deferred payment money units currency loans bonds mortgages - What-Means.com
		Both parties must agree on some standard of deferred payment, most usually a sum of money denominated as units of a currency, but sometimes a like good.
		For instance, one may borrow shares, in which case, one may pay for them later with the shares, plus a premium for the borrowing privilege, or the sum of money required to buy them in the market at that time.
		Thus it is important to agree on standards of deferred payment in advance, so that a degree of fluctuation will also be agreed as acceptable.
	www.what-means.com /encyclopedia/Debt (1798 words)

	Medium of exchange - Wikipedia, the free encyclopedia
		A longer term obligation need not be measured in the same terms as the immediate medium is, that is, the medium need not be a standard of deferred payment.
		The standard of deferred payment tends to trade at a premium in such circumstances, and some goods are not available to those who deal in the medium of exchange currency only.
		As long as that state produces anything of value to others, its medium of exchange has some value, and its currency may also be useful as a standard of deferred payment among others, even those who never deal with that state directly in foreign exchange.
	en.wikipedia.org /wiki/Medium_of_exchange (1051 words)

	[No title]
		A standard of deferred payment is the accepted way (in 4 a given market) 0 to settle a 4 debt.
		This is distinct 4 from the store of 8 value function which relates 6 to the saving, 6 storing, and retrieval 2 of value, and from 9 the unit of account function which requires fungibility so 3 accounts in any amount 8 can be readily settled.
		4 When it isn't, 4 or when complex and 6 volatile forms of 0 financial capital are involved, it becomes 6 important to identify 9 a single standard 0 of deferred payment 2 to avoid cheating by 6 selecting a denominator 6 of debt that 8 one knows is 1 dropping in value.
	www.cleog.com /standard_of_deferred_payment_.htm (286 words)

	Money
		Money is an intermediary that serves as a medium of exchange, unit of account, standard of deferred payment and a store of value.
		The touchstone allowed you to estimate the amount of gold in an alloy, which was then multiplied by the weight to find the amount of gold alone in a lump.
		If a large enough organisation issues, uses, and accepts something as payment for bills or taxes, that in itself gives the money some value because certain payments can be made with it.
	www.fastload.org /mo/Money.html (1846 words)

	[No title]
		Depending on if you purchase an immediate annuity or a deferred annuity, your income payments can begin right away or be postponed until later.
		Deferred annuities postpone your income payments until later and accumulate interest earnings on your principal.
		Income taxes on deferred annuities also are postponed until you make withdrawals or begin receiving regular income payments, usually during retirement, when you may be in a lower tax bracket.
	www.standard.com /personal/annuities.html (578 words)

	The Bursar's Office
		In-person account payments should be presented to the University Cashier, located on the first floor A-Wing of the Montebello Complex.
		Generally, deferments are restricted to 20 percent of the total bill.
		Timely payments must be made according to the standard University deferred payment agreement.
	www.morgan.edu /admin/Finance/bursar.asp (455 words)

	Wikinfo \| Financial capital
		When in forms other than money, financial capital may be traded on bond markets or reinsurance markets with varying degrees of trust in the social capital (not just credits) of bond-issuers, insurers, and others who issue and trade in financial instruments.
		When payment is deferred on any such instrument, typically an interest rate is higher than the standard interest rates paid by banks, or charged by the central bank on its money.
		A variable-rate instrument, such as many consumer mortgages, will reflect the standard rate for deferred payment set by the central bank prime rate, increasing it by some fixed percentage.
	www.wikinfo.org /wiki.php?title=Financial_capital (833 words)

	quicken debt reduction Resources & Information - quicken debt reduction
		For instance, one may borrow shares, in which case, one may pay for them later with the shares, plus a premium for the borrowing privilege, or the sum of money required to buy them in the market at quicken debt reduction planner that time.
		It is common to borrow large sums for major purchases, such as a mortgage, and pay it back with an agreed premium interest rate over time, or all at once at a later date (balloon payment).
		Their high risk of default is compensated by higher interest payments.
	www.bizhisto.com /Biz-Services-Pe---Q/quicken-debt-reduction.html (1728 words)

	Standard of deferred payment Essays from EssayTailor - High-quality custom term paper and custom essay writing service. ... (Site not responding. Last check: 2007-10-20)
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		Standard of deferred payment, or any other topic you chose will be deeply researched by our staff writers, and then, the topic will be covered in the essay according to your instructions.
		All the writers are experienced experts, each specializing in a particular area, so it will be easy for them to address the topic of Standard of deferred payment, or any other topic you chose.
	www.essaytailor.com.cob-web.org:8888 /topic-standard-of-deferred-payment.html (219 words)

	WorldPay Knowledgebase
		Our 'deferred payments' feature (also know as 'pre-authorisation') enables you to freeze a transaction when the shopper pays, to delay the movement of funds from their card.
		No. As far as the shopper is concerned, they have paid for the order and the deferred payment transaction appears to them as a standard transaction.
		To apply for deferred processing services, contact your local WorldPay Technical Support team, or email: pre-auth@worldpay.com (please include details of WorldPay accounts and installations).
	support.worldpay.com /products_services/services/pre-post_authorisation.html (1193 words)

	About money loan
		This characteristic allows money to be a standard of deferred payment, i.e., a tool for the payment of debt.
		When the value of a good is frequently used to measure or compare the value of other goods or where its value is used to denominate debts then it is functioning as a unit of account.
		By law the refusal of "legal tender" money in favor of some other form of payment is illegal, and has at times in history (Rome under Diocletian, and post-revolutionary France during the collapse of the assignats) invoked the death penalty.
	www.money-make.net /money-loan.htm (4093 words)

	[No title]
		When in forms other 3 than money, financial capital 3 may be traded on 8 bond markets or reinsurance 8 markets with varying 2 degrees of trust 7 in the social 5 capital (not just 9 credits) of bond-issuers, 8 insurers, and others who 3 issue and trade in 6 financial instruments.
		When 6 payment is deferred 4 on any such instrument, 8 typically an interest rate 1 is higher than 8 the standard interest 8 rates paid by 7 banks, or charged by 8 the central bank on 9 its money.
		Often 4 such instruments are 2 called fixed-income instruments 8 if they have reliable 8 payment schedules associated 9 with the uniform rate 5 of interest.
	www.cleog.com /financial_capital_.htm (973 words)

	The World Dollar Standar and the East Asian Exchange Rate Dilemma (Site not responding. Last check: 2007-10-20)
		Fourth in Box 1, if we think of a standard of deferred payment-which is also a traditional role of money-private and sovereign bonds in international markets are largely denominated in U.S. dollars, though some are now in euros.
		In the financial markets, unit of account and standard of deferred payment in Box 2 are closely related concepts, and refer to money's role as a numéraire in domestic contracts: the former is more of short-term concept whereas the latter is longer term.
		For longer term private debt contracts within Latin American countries, the dollar is commonly used as the standard of deferred payment even when the domestic currency is used as the means of settlement.
	www.oycf.org /Perspectives/16_033102/world_dollar_standard.htm (6481 words)

	Functions (Site not responding. Last check: 2007-10-20)
		Deferred payment means a payment made in the future, not now.
		During periods of inflation, people may accept paper money for immediate payment, but insist on some other medium, such as real goods and services or gold, for deferred payment -- because the medium of exchange would lose much of its value in the meanwhile.
		Again, this is something that people keep in order to maintain the value of their wealth.
	william-king.www.drexel.edu /top/prin/txt/money/funx.html (270 words)

	NESARA-Back To Basics-The Nature of Money
		These minted dollar coins, permanently fixed as a constitutional standard through the presentation of his “Report on the Subject of a Mint” to Congress on January 28, 1791 by then-Secretary of the Treasury Alexander Hamilton and by the Coinage Act of 1792, live in the domain of unconditional reality.
		In the same Act Congress mandated the coinage of “EAGLES,” “each to be of the value of ten dollars or units.” This did not mean that each coin would contain 3,712.5 grains of fine gold, an amount equal in weight to 10 times the weight of pure silver (371.25 grains) contained in a silver dollar.
		It came back not only without booty, but in great misery.”[9] Bills of credit were then issued in denominations from 5s to 5£ to pay the soldiers who first disposed of it at a one-third discount.
	nesara.org /articles/back_to_basics1.htm (1843 words)

	Deferred Payment
		This scheme allows importers to defer the payment of Customs charges (Duty and GST) for up to seven weeks, with a minimum period of three weeks.
		For clients who are not on the deferred payment scheme, Customs charges must be paid in cash (which includes cheques, but not credit cards or EFTPOS).
		New clients or clients with an adverse payment history may be required to pay in cash, or with a bank cheque.
	www.profreight.co.nz /info/customs_deferred.htm (153 words)

	Economics Interactive: Practive Quiz
		The use of money as a standard unit of account: (a) makes relative prices unimportant.
		The basic functions of money include its use as a: (a) standard unit of account, medium of exchange, and store of value.
		(b) standard of wealth, insurer of stability, and measure of productivity.
	www.unc.edu /depts/econ/byrns_web/EC101/XMs_QZ/EC101_PracQ13_K.htm (1637 words)

	Dr. Rebecca Abraham - Education
		A 20-year mortgage obligates the homeowner to send the bank a monthly payment covering interest and principal for the next 240 months.
		These contracts call for all the payment of money years into the future, illustrating how money functions as a standard of deferred payment.
		You take care of your rent or mortgage payment, car payment, monthly bills, and major purchases by check.
	www.polaris.nova.edu /~abraham/mac4man-chap12.html (1945 words)

	The Quiet Hour (Site not responding. Last check: 2007-10-20)
		A standard Deferred Payment Gift Annuity has a fixed date on which payments are to begin.
		However, donors who are uncertain of when they will want to retire may prefer the flexibility of changing the payment date and amount.
		While a standard Deferred Payment Gift Annuity cannot change, a Flexible Gift Annuity can provide the freedom to accommodate changing plans, by choosing an earlier or later retirement date.
	www.thequiethour.org /pg/flexga.php (138 words)

	Wikinfo \| Money
		Coins were pre-weighed and pre-alloyed, so as long as you were aware of the origin of the coin, no use of the touchstone was required.
		This is the origin of the term "British Pound" for instance, it was a unit of money backed by a pound of sterling silver - hence the currency Pound Sterling.
		Images, some of which are used under the doctrine of Fair use or used with permission, may not be available.
	www.wikinfo.org /wiki.php?title=Money (1912 words)

	Definition
		The ox-seller accepts the bank-notes in payment for the ox, and at the end of the year, Ronald sells some of his crop for bank-notes, and uses those bank-notes to repay the loan with interest.
		This is the "classical" gold standard of the nineteenth century -- strictly speaking, not a gold coin system but a paper money system with the paper (fiduciary) money exchangeable for gold bullion.
		Governments have clipped and adulterated the coins, and (in more modern history) have adopted the gold standard only to drop it when it is no longer politically convenient.
	william-king.www.drexel.edu /top/prin/txt/money/MOH1.html (1603 words)

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