How is Bill Payment defined in a legal contract?
- Bill Payment means an online service that allows the scheduling of bills to be paid using personal technologies, like a computer or mobile device. Seen in 38 SEC filings
- Bill Payment means the act of paying bills to various types of providers or authorities using a specific available service or channels. Seen in 24 SEC filings
- Bill Payment means the remittance of funds initiated through an online banking service from a specific account to the recipient. Seen in 14 SEC filings
- Bill Payment means a type of money transfer where an intermediary accepts funds from a person to transmit to a merchant in payment of an account. Seen in 12 SEC filings
- Bill Payment means the electronic bill showcasing a barcode, QR code, or PIN Code for the payment of commodities and services, which the client remunerates with the specific transactional amount at a service counter. Seen in 9 SEC filings
- Bill Payment means the procedure of payment by which the payment to a designated recipient is made based on the given instructions. Seen in 6 SEC filings
- Bill Payment means the remittance of funds, initiated through the Bill Payment Service, to a recipient. Seen in 5 SEC filings
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Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
Bill Payment means a service using personal technology to schedule bills.
Relevant Contract Types
Relevant Circumstances
- Digital subscription services
- Utility services
- Telecommunications contracts
Relevant Sectors
Genie Definition 2
Bill Payment means the act of remitting funds to providers via a specified service.
Relevant Contract Types
Relevant Circumstances
- Regular payment for services or products
- Timely payment for energy utilities
- Regular payments to ecommerce platforms
Relevant Sectors
Genie Definition 3
Bill Payment means conveying money through an intermediary for account settlement.
Relevant Contract Types
Relevant Circumstances
- Making payment for credit card bills
- Settlement of loans
- Settlement of invoices from providers
Relevant Sectors
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Bill Payment means a service using personal technology to schedule bills
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