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.
Deposition. A deposition is witness's sworn out-of-court testimony. It used to gather information as part of the discovery process and, in limited circumstances, may be used at trial. The witness being deposed is called the deponent.. Depositions usually do not directly involve the court. The process is initiated and supervised by the parties. Usually, the only persons present at a deposition are the deponent, attorneys for all interested parties, and a person qualified to administer oaths.