What Is a Paydown?

Payment is also known as payment and payment. It refers to payment, which is a financial exchange between buyers and sellers. It is a process of currency debt transfer caused by social and economic activities. Payments include transactions, clearing and settlement. ^[1]

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Online payment refers to the transfer of funds through the Internet as a carrier. Using a digital financial instrument supported by a bank, a financial exchange between a buyer and a seller takes place to achieve the transfer from the buyer to a financial institution or a merchant. Online money payment, cash flow, fund clearing, query statistics and other processes, thereby providing financial support for e-commerce services and other services.

In related game theory literature: Payment refers to the induction of the costs and benefits of a strategy.