Lõpumakse

Lõpumakse refers to the final payment made in a financial transaction, typically associated with contracts for goods or services. This payment signifies the completion of all obligations by the buyer and marks the end of the payment schedule. It is often a substantial portion of the total cost and is contingent upon the successful delivery or completion of the agreed-upon terms.

In construction projects, lõpumakse is usually made after the project is finished and inspected, confirming that all work has been done according to the contract. For consumer purchases, it might be the final installment on a loan or lease agreement. The terms of the lõpumakse, including the amount and timing, are clearly defined in the initial contract. Failure to make the lõpumakse can result in penalties, legal action, or repossession of goods, depending on the specific agreement. This final payment is a crucial step in formalizing the conclusion of a commercial arrangement.