Business terms and jargon explained. Your business dictionary

What is Payment terms

This is the method of payment that a seller allows. The typical methods are:
  1. cash
  2. cash in advance
  3. instalment payments over a period of time specified
  4. credit terms i.e. 30 days

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Over Trading Fill or kill Fiscal Policy Cash Accounting
Witness summons Job production Pecuniary Legacy Ram
Commission Pay Back Period Accepting house Deliverable End
Net Pay Book value Non constat Bots
Portfolio Analysis Banned And Restricted Goods Smart Card Memorandum of Understanding
Services Patentability Independent Complaints Reviewer Credit Concentration
Lessor Overdraft Associated companies Smurfing
CPU WOWGR Krone Preference Shares
Proxy Stock Exchange Single Market Aggregate holding company
Planchet Company Tax Return Payment terms Credit Scoring

Term created / updated 2009-06-30 13:22:14

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

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