Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “interim payment”

interim payment

noun [C]
 
 
an amount of money that is paid before the total amount of money owed is decided: Workers injured in the fire have not received any compensation other than the interim payments of £10,000 each that were made in April.
FINANCE, STOCK MARKET an interim dividend : It is unlikely that the bank will pay a final dividend for the last financial year or make an interim payment this year.
(Definition of interim payment from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of interim payment?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “interim payment”

Word of the Day

thug

a man who acts violently, especially to commit a crime

Word of the Day

The way we move (Verbs for walking and running)

by Kate Woodford,
March 25, 2015
​​​ This week we’re looking at interesting ways to describe the way that people move. Most of the verbs that we’ll be considering describe how fast or slow people move. Others describe the attitude or state of mind of the person walking or running. Some describe both. Starting with verbs for walking slowly,

Read More 

crossfit noun

March 23, 2015
high-intensity strength training Two women in strappy dresses discussed how much weight they could snatch

Read More