PMT
4.0
A recorded amount of money paid or due on a bill
- noun
- Jargon
:
pago
- The invoice clearly marked the total amount due as PMT for the services provided.
Examples
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She wrote down the PMT on the bank statement to keep track of her payments.
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The accountant noted that each PMT should be recorded for accurate financial reporting.
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Then when I receive the payment, it posts it as PMT in the deposit column also as accounts receivable...
Blog text (3)
Surface Forms
Etymology
PMT is an abbreviation of the word payment, which means 'an amount paid', and you often see PMT on invoices and bank papers to mark an amount paid or due.
