What Is a Payoff Statement?

Payment is the act of the payer paying all or part of the amount of the bill to the holder to eliminate the relationship between the bills. When the full amount is paid, all the negotiable instruments are destroyed. When paying part of the amount, only the part of the negotiable instruments that have been paid is destroyed. As a bill of money securities, payment is limited to money. If you pay with something other than money, the ticket holder can refuse to accept it. However, the holder's consent is not limited to this. Generally, the procedure is that when the maturity date arrives, the last holder of the note presents the note to the payer recorded on the note and requests payment. The payer fixes the bill after payment. The legal relationship of the negotiable instruments was thus eliminated. Payment is the last link in the bill relationship. ^[1]

[fù kun]

Fù

<name>

surname

Pay

fùch

[pay; expend]

Pay the price

Payer

fùfng

[credit side] The column opposite to the "receiver" in the bookkeeping is located on the right side of the receiver, indicating that the expenditure of funds has increased

payment

fùkun

[pay a sum of money; disburse]: To pay as a reward for goods or services

[remit]: To send or send money to someone or somewhere (in the form of a draft, payment, bill of exchange, etc.)

Your account has expired, please pay

Fu

fùqì

[(of a bill) paid; be all duly paid]

pay off

fùqng

[pay up]: Settle the accounts

[quit]: Pay off the debt

Can fully pay off the debt

Interest payment

fùx

[payment of interest] Payment of required interest on bank deposits or borrowings

Print

fùyìn

[send to the press]: The manuscript is delivered to the press

[turn over to the printing shop (after proofreading)]: delivered to the shop for printing after reviewing and finalizing the draft

Pay the bill

fùzhàng

[pay a bill] Loans, meals, etc. payable

Pay off

fùzh-dngliú

[all one's efforts wasted; be irrevocally lost as sth. is thrown into the eastward flowing stream; cast to the winds] See "put into the east"

Torch

fùzh-yjù

[commit to the flames]

Our party is brilliant. Sun Wen's "Preface to the Seventy-two Martyrs of Huanghuagang" Preface

Smile

fùzh-yxiào

[dismiss with a laugh; laugh and forget about it; afford to laugh at]

Participation in politics just laughed. Yuan Tao Zongyi's "Taking Farming Records"

Pay off

fùzh-dùwài

[leave out of consideration; give no thought to] Describe behavior that does not take into account safety, success, or failure, and consequences.

Wandering on whales in a small boat, helpless, but die-paying nephew! Song Wen Tianxiang's "Guidebook" Postscript

Put into

fùzh

[transpose] To change shape or nature

The plan envisioned by the headquarters ... these groups are putting it into action

Put it down

fùzh-dngliú

[all one's efforts wasted; irrevocably lost] Yu Gong is failing, hope is ashes

Fu Zi

fùz

[send to the press] Refers to the engraving of a manuscript. Azusa: stereotype

Ru poems, I have paid them. Qing Yuan Mei's "Sister Girl"