Business Terms and Jargon Explained

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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Lek SME Double Deflation
Capital Xerox Blue Sky Thinking
Historical Cost Money Trail MANGO
Doli incapax Warrant of distress Acquisition
FOTRA Term Loan EMS
Legal Services Ombudsman Spouse Cash Accounting
LCP Nisi N9C Civil Court form
Keyman / keywoman insurance Overdraft Natural Person
Insider lending Ratio decidendi Parent company
Void Cloud computing Zillionaire
Excise Duty TAR Yuppie
Goods UFT Forum
Indemnify Marketing Strategy Retail price

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 jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

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