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单词 paydown system
释义

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paydown system
1. Payment made immediately or up front; the system of doing business whereby payment is taken up front, as opposed to relying on credit. Chiefly as a modifier, esp. in paydown system. Cf. to pay down 1 at pay v.1 Phrasal verbs. Now rare.In early use as two words; later usually hyphenated.
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1785 Vermont Jrnl. 11 Jan. Any persons wanting Lime,..may apply to him, and he will endeavour to accommodate them in the best manner, for pay down.
1796 Vermont Gaz. 10 Feb. If pay down was as universally practised as charging on book, business would be much brisker than it now is.
1840 Lorain (Elyria, Ohio) Standard 27 Oct. The only reason they can afford goods as cheap as they offer them is that the pay down system enables them to buy..many things fifty per cent cheaper than on a long and uncertain credit.
1867 Abingdon (Va.) Virginian 7 June (advt.) Credit is dead!—Pay Down has opened up the door, which gives bright promise to those who would save their money and property.
1926 Democrat (Watauga, N. Carolina) 1 Apr. 3/1 Credit discontinued... We..have decided the best thing..is to go on a strictly pay-down system, beginning 15 April 1926.
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更新时间:2024/11/11 3:59:02