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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N150 Civil Court form Spam Billing Charge Certificate
Inland Revenue Appropriate systems Packet Filtering Parent company
Pre-emption ICO FIO Payer
Procurement To adduce General lien Satisfactory Quality
Synergy BZIP2 World Intellectual Property Office Worm
Narrowband Co-Decision - EU CCCL Bereaved minor
Out of Pocket IDK Taxing authority Closed Economy
Mouse potato Overheads Services Balance of payments (BOP)
Calculated risk Sui generis Entitled Destinations Base Rate
Manufacturing cell Kina Resource Allocation Cable Modem

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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