Cheque accounts, credit cards and wire transfers provide means of payment for the exchange of goods and services, and financial assets.
In its function as a medium of exchange, medium of payment and store of value, gold is thus, in a sense, a timeless classic.
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Like the rest of Groupon, Getaways will promote limited-time deals requiring customers to make an upfront payment in exchange for a voucher that can then be redeemed within a certain period of time.
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The first version of Liberty's specification deals only with single sign-on, not with the more controversial exchange of user information, such as payment details and buying preferences.
Successful customer service is the process of delivering value to a customer in exchange for payment.
The two companies said their partnership will help them grow their respective businesses and that they will "cooperate in the areas of user account connectivity, data exchange, online payment and online marketing, among other things".
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When most artists sign record deals, they hand over these rights in exchange for an advance payment, a smaller royalty of 10-15% on music sales and the prestige of recording an album for a major record label.
Swaps are privately negotiated trades between two parties to exchange cash flows on specified payment dates during the agreed-upon life of the contract.
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The PVF allows the investor to receive an up-front payment (typically, 75-85% market value) in exchange for delivery of a variable amount of shares or cash in the future, at which time the capital gain is realized for tax purposes and the tax on the capital gain is paid.
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As a member of MCX (Merchant Customer Exchange), Target is involved in developing better mobile payment solutions, which should help its mobile channel.
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The system was also implicated in a payment crisis which hit the Calcutta stock exchange in March, when a sharp fall in stock prices left a group of brokers with big carry forward positions unable to honour their financial commitments.
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