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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Ground rent N285 Civil Court form Balance Sheet Negligible Value
Togrog EAT Term Loan X Bar
Product Market Flexibility Stamp duty Civil List Capital Goods Scheme
Payee Licensed Premises Market Based Pricing Overrule
Order of committal Litas Factoring Media kit
Prorogation Cost Unit Hedge Leu
Direct Debit Accounting reference date Arbitrator or Arbitration Fixer
Greenwashing Aliunde Ouguiya Cost Center
Write-off Bitcoin Freelance Penetration Testing
LTV Over Trading Nominee Bank Statements

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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