SPLIT PAYMENT Definition

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SPLIT PAYMENT allows the customer to: a. pay part of the bill with cash and part with a credit card; or, b. apply portions of payments across several invoices.

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SHARE PREMIUM is the difference between the higher price paid for a share of stock and the stocks par value when issued.

DIVISION is a self sufficient unit within a company. A division contains all the functions necessary to operate independently from the parent company.

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