Payment . It is a term with different uses. When the word comes from the verb to pay, it is about the delivery of a money or species that is owed, or the reward, prize or satisfaction.
Summary
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- 1 Payment
- 2 Ways to see this action
- 3 Another definition
- 4 In ancient times
- 5 Sources
Payment
When a payment is delivered, whoever receives it is receiving profit for what they did or delivered; whoever pays it, is satisfied by the concept of that received by the owner of the product or service. Payment is, therefore, a way to extinguish obligations through the effective fulfillment of a due benefit. The active subject is the one who makes the payment: it can be the debtor himself or a third party (who pays in the name and on behalf of the debtor). The taxpayer, on the other hand, is the one who receives the payment (the creditor or his legal representative). Payment must always match the content of the obligation.
Ways to see this action
The payment can be seen as a thank you or an award from the recipient, whoever delivers it usually has a commitment to offer it as a gesture of compensation. The current society in the cities where commerce prevails, the term is very common and appropriate in almost all places, since the way of commercialization asks people to pay for the services or products delivered.
Another definition
Payment is one of the ways to extinguish the obligations, and consists of the effective fulfillment of the due provision .
In ancient times
In ancient times, civilizations developed their lives through mystical and religious beliefs, which according to believers requested these payments as rewards for the lives and prosperity given. In such a way that through rituals and sacrifices, the inhabitants of these legendary tribes offered various tributes to deities and gods in gratitude for the conceived favors.
