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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Assets N170 Civil Court form Complaint Voir Dire
Cash Flow Statement Constrained Discretion Vendor Functional Fexibility
Bespoke Retail Scheme Concentration ratio Risk Rainmaker
Bots Public trustee Intermediate Consumption Fleur de Coin
Kaffirs Peripheral EAT Aggregate Supply
Descope Business case Securitisation EEMEA
Business Class Grant of confirmation Residue Quantize
Yen bond Balboa Overheads Credit
Mergers and Acquisitions End Use List Price Garage Sale
Natural resources Tax Accounting Real Wage Flexibility EDIFACT

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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