Society, General Knowledge for Vocational Schools (ABU), Vocabulary, Chapter 4
Vocabulary, Chapter 4
Vocabulary, Chapter 4
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guarantee
a written agreement to repair or replace something that someone has bought if it stops working, is faulty or does not meet the specified quality
debit card
card that allows cash withdrawals and cashless payment, the charges are deducted from the account as they are made
standing order
cashless payment method with banks; the bank is instructed to regularly transfer a fixed amount of money to the same receiver
default of payment
breach of contract: the buyer does not pay the purchase price by the scheduled date
order for payment
written request to the debtor to pay their debt
redhibition
an annulment of the sale of an article and its return to the seller because of some material defect
polluter pays principle
a principle according to which those who are responsible for producing pollution are also responsible for the damage caused to the environment
breach of contract
a failure to do something that you have promised to do or that people expect you to do by contractual agreement