payment terms

payment terms payment terms term1

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payment terms UK US noun [plural]
COMMERCE the statement by a business about when and how it should be paid for goods or services that it has supplied: »

The written contract should include price, payment terms, and specific work to be performed.

Financial and business terms. 2012.

Look at other dictionaries:

  • payment terms — / peɪmənt tɜ:mz/ plural noun the conditions laid down by a business regarding when it should be paid for goods or services that it supplies, e.g. cash with order, payment on delivery or payment within a particular number of days of the invoice… …   Marketing dictionary in english

  • payment terms — conditions by which a payment will be made …   English contemporary dictionary

  • payment terms — The agreed way in which a buyer pays the seller for goods. The commonest are cash with order or cash on delivery; prompt cash (i. e. within 14 days of delivery); cash in 30, 60, or 90 days from date of invoice; letter of credit; cash against… …   Big dictionary of business and management

  • payment — The amount required to repay a loan, including interest and fees. Bloomberg Financial Dictionary * * * payment pay‧ment [ˈpeɪmənt] noun 1. [countable, uncountable] FINANCE an amount of money that must be or has been paid, or the act of paying it …   Financial and business terms

  • terms — The components, elements, or parts of an agreement. The terms of a futures contract include: which commodity, its quality, the quantity, the time and place of delivery, and its price. All the terms of futures and futures option contracts are… …   Financial and business terms

  • payment into court — In litigation, the defendant may make an offer that he feels the plaintiff ought to accept. There is a procedure whereby this is paid into court . If the plaintiff thereafter continues the proceedings, but obtains less damages than the amount… …   Law dictionary

  • Terms of Payment —   [təːmz əv peɪmənt, englisch], Bezeichnung für die zeitlichen Zahlungsgewohnheiten im internationalen Handel. Inländische Importeure, die Einfuhren in fremder Währung bezahlen müssen, werden im Allgemeinen Vorauszahlungen leisten oder Rechnungen …   Universal-Lexikon

  • payment — I (act of paying) noun acquittal, acquittance, amortization, amortizement, clearance, compensation, defrayal, defrayment, disbursement, discharge of a debt, expenditure, liquidation, outlay, quittance, receipt in full, reckoning, recompense,… …   Law dictionary

  • Terms of Payment — Terms of Pay|ment [tə:mz əv peimənt] die (Plur.) <aus engl. terms of payment »Zahlungsbedingungen«> Zahlungsgewohnheiten im internationalen Handel …   Das große Fremdwörterbuch

  • Terms of Use — are rules set up by the owner of an intellectual property or service to govern how they may be legally used. In many cases, terms of service are used as a contractual agreement between a company and users of a service they provide. They generally …   Wikipedia

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