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an official document in which someone states that they owe a particular amount of money to someone: When signing an acknowledgement of debt for consumed gas, the customer will be charged late payment interest until the last payment is made.
Acknowledging a debt means making a payment or in some cases, confirming the debt in writing. When a debt is acknowledged, the limitation period restarts.
An Acknowledgment of Debt (AOD) is an agreement containing a clear and undeniable admission of liability by one party to another. The liability usually relates to the payment of a sum of money (debt) that must be made by one of the parties to the other party.
In the event that you have charged incorrect items or submitted the claim against a different patient in error, you should contact Medicares eBusiness Service Centre on 1800 700 199 as soon as possible and ask that they cancel the claim on their end.
Payment Acknowledgement is an acknowledgement by a Designated Entity that it will pay to the Manager a specified amount on or before the Conversion Date specified in the acknowledgement.
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held thus: To give validity either to an acknowledgement or to a part payment not made by the debtor, the person who makes the part payment or the acknowledgement must within the having recourse to Section 18 of the Limitation Act.

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