Payment terms

Author Topic: Payment terms  (Read 723 times)

Offline munna99185

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Payment terms
« on: October 10, 2014, 12:24:37 PM »
The conditions under which a seller will complete a sale. Typically, these terms specify the period allowed to a buyer to pay off the amount due, and may demand cash in advance, cash on delivery, a deferred payment period of 30 days or more, or other similar provisions.

[Source: http://www.businessdictionary.com/definition/payment-terms.html#ixzz3FihTBxt6]

Sayed Farrukh Ahmed
Assistant Professor
Faculty of Business & Economics
Daffodil International University