PEY Sky-high's Pey It Forward PAL202614 (2/15/2008 - 4/30/2019) |
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Women's
Humane Society |
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Pey
battled Degenerative Myelopathy for a year.
The disease took away her mobility but never her sweet, cheery disposition. |
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PEY |
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Barry
Rosen Photography |
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Barry
Rosen Photography |
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Barry
Rosen Photography |
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Barry
Rosen Photography |
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Rich
Knecht Photography |
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I GOT WHAT I WAS ASKING FOR |
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Barry
Rosen Photography |
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LIFE IS GOOD ;-)) |
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The expression "pay (pey) it forward" is used to describe the concept of third party beneficiary in which a creditor who offers the debtor the option of "paying" the debt forward by lending it to a third person instead of paying it back to the original creditor. Debt and payments can be monetary or by good deeds. In sociology, this concept is called "generalized reciprocity" or "generalized exchange". A related transaction, which starts with a gift instead of a loan, is alternative giving. (Wikipedia, 2008) "when people repay the benefits they have received - for example, from a parent, friend, mentor, anonymous stranger, or a previous generation - by providing benefits to a third party, someone other than their benefactor" (Moody, 1994, 4). |
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