Copyright © Philip M. Parker, INSEAD. Terms of Use.
| Domain | Definition |
Economics | A term used in collections supported by shipping documents which are released to the buyer only against payment. Same as Documents Against Payment (D/P). (CAD). (references) |
Shipping | Method of payment for goods in which documents transferring title are given the buyer upon payment of cash to an intermediary acting for the seller, usually a commission house. (references) |
Source: compiled by the editor from various references; see credits. | |
| Subject | Topic | Quote |
Business | Greek businesses often seek cash against documents, or extended credit terms of 60-90 days or longer, from their suppliers. (references) | |
Therefore, Greek businesses often seek cash against documents, or extended credit terms of 30-60 days or longer, from their suppliers. (references) | ||
The import payment process is similar to that used in the rest of Europe, using cash against documents sight drafts, time drafts, and irrevocable letters of credit. (references) | ||
Economic History | Italy | The usual practice of American firms selling to a new customer is to require cash against documents for the first sale or two. (references) |
Greece | Working capital loans are relatively expensive, and to avoid extra costs, Greek firms often seek cash against documents or extended credit terms of 30-60 days (or longer) from their suppliers. (references) | |
Trade | Chile | Other methods of payment to suppliers include cash against documents and open account. (references) |
Source: compiled by the editor from ICON Group International, Inc.; see credits. | ||
| Language | Translations for "CASH AGAINST DOCUMENTS"; alternative meanings/domain in parentheses. | ||||
Hungarian | okmányos inkasszó, készpénzben okmányok ellenében. (various references) | ||||
Pig Latin | ashcay againstay ocumentsday | ||||
Copyright © Philip M. Parker, INSEAD. Terms of Use.
