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What does 402 stand for?

402 stands for Payment Required (HTTP status code; never used, intended as error for nonpayment)

This definition appears very frequently and is found in the following Acronym Finder categories:

  • Information technology (IT) and computers

Samples in periodicals archive:

Additionally, the AFR interest paid under the installment note, which flows back into the grantor's estate, is less than the 120%-of-AFR annuity payment required under the GRAT rules.
Beyond leveraging unencumbered fixed assets or arranging a second mortgage from the vendor, the only alternative is to find a lender not bound by strict formulas that can use term funds, either alone or in combination with subordinated debt, or find a private investor that will provide the down payment required to obtain a loan from a conventional lender.
the Company) announces today that it has made the second and final US$500,000 payment required to pay under the terms of the settlement agreement entered into by the Company in November 2004 in order to definitively resolve all outstanding litigation related to the operation of the mining properties the Company is currently working on in the Velardena district (the Properties).