Three of the four stages of cellular respiration produce ATP. The first stage, glycolysis, occurs in the cytoplasm of the cell. During this stage, one glucose molecule is broken into two pyruvic acid molecules. This results in the production of two ATP molecules for every glucose used.
progress payment. Payment made as work progresses under a contract, upon the basis of costs incurred, of percentage of completion accomplished, or of a particular stage of completion.
Accelerated Payments. DEFINITION of 'Accelerated Payments'. A term associated with making additional unscheduled payments on a loan at predetermined, or random intervals. Making additional unscheduled payments reduces the principal balance of the loan, meaning that more principal and less interest is paid off in subsequent payments.