Meaning Of The Word Token payment

Real Dictionary

What's the definition of Token payment? Find Token payment meanings, definitions and more at the Real Dictionary online.

Token payment Meaning

Token payment Definition
Token payment Definition

What's The Definition Of Token payment?

token payment in American English
a partial payment made as a token of intention to pay the remainder of the debt later
noun: a small payment binding an agreement or acknowledging a debt

token payment in British English
noun: a small payment made in acknowledgment of the existence of debt

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