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Definition of Token payment
1. Noun. A small payment made in acknowledgement of an obligation.
Lexicographical Neighbors of Token Payment
Literary usage of Token payment
Below you will find example usage of this term as found in modern and/or classical literature:
1. The American Journal of International Law by American Society of International Law (1907)
"Under this bill, what would be the status of governments like England, that made
a so-called "token payment," but has defaulted in the main? ..."
2. Politics of Compromise: NATO and AWACS by Arnold L. Tessmer (1995)
"Although much misunderstood, the contribution represented exactly what he advertised
it to be, a token payment intended solely to preserve the Alliance-wide ..."
3. Personal Finance by Robert S. Rosefsky (2001)
"Earnest money (6) A token payment of cash to bind a preliminary agreement between
the buyer and seller of a house (or other item). ..."
4. IRS Restructuring: Congressional Hearings edited by William V. Roth, Jr. (1999)
"Several media accounts have characterized the terms of the agreement as being
tantamount to the IRS asking for a token payment in exchange for a cessation ..."
5. The Transactions of the Honourable Society of Cymmrodorion by Cymmrodorion Society, CYMMRODORION SOCIETY. (1893)
"So far all that youth has received is a "token payment." Three years ago, the
leaders of the nation began to realise that youth would again be asked to save ..."
Other Resources:
