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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Gross Pay Jobber Charity Load List
Autoresponder Blind Testing Certified Documents Malum in se
Cost Unit Statutory Instrument Sui generis Bullet Loan
Trade secret Abscond Downtime Working Capital
Log Payroll Appraisal Confidentiality agreement
Excise Warehouse Interium Confirmation of Verbal Agreement Annul
Et cetera AIUI Core Competences Performers Rights
Chargeable Income Franked income United Kingdom Dong
Quantize Kerning Quasi-judicial functions Single linking agreement
Interest Adhocracy ECDSA Peer

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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