There are several ways that credit card companies go about setting a minimum payment. It may be advisable for you to check with your company to determine how the minimum payment on your specific card will be determined. Here is an overview of some of the ways credit card companies calculate minimum payments.
deponent (plural deponents) ( 1 law) A witness; especially one who gives information under oath, in a deposition concerning facts known to him or her. ( 2 grammar) A deponent verb.
The attorneys will ask the witness, or deponent, a series of questions about facts and events related to the lawsuit with the entire deposition recorded word-for-word by a court reporter. The reporter is present throughout the session and will produce a transcript at a later time. A deposition can also be videotaped.