constructive payment

A payment made by the payor but not yet credited by the payee.

• For example, a rent check mailed on the first of the month is a constructive payment even though the landlord does not deposit the check until ten days later.

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词条贡献者

资深译员Ting，亚洲顶尖法学院国际贸易专业，擅长翻译各类与国际贸易委员会调查程序相关的法律文件。