DOCUMENTS AGAINST ACCEPTANCE

  

Copyright © Philip M. Parker, INSEAD. Terms of Use.

DOCUMENTS AGAINST ACCEPTANCE

Specialty Definition: DOCUMENTS AGAINST ACCEPTANCE

DomainDefinition

Economics

As a procedure to collect payment on an exported shipment. instructions are given that documents necessary to obtain the merchandise from customs and the carrier are to be released to a buyer only against the buyer's acceptance of a time draft drawn upon him. (D/A). (references)

Shipping

Instructions given by a shipper to a bank indicating that documents transferring title to goods should be delivered to the buyer only upon the buyer's acceptance of the attached draft. (references)

Source: compiled by the editor from various references; see credits.

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Non-Fiction Usage: DOCUMENTS AGAINST ACCEPTANCE

SubjectTopicQuote

Business

After developing a satisfactory working relationship with local firms, foreign suppliers also accept documents against payment or documents against acceptance. (references)

Trade

Mexico

Documents against acceptance is a slight variation of this method. (references)

Sri Lanka

International trade can be conducted on letters of credit (LC), Documents against Payment (DP) or Documents against Acceptance (DA) terms or Advance Payment terms. (references)

Korea

There are three documentary practices in settling Korea's imports: (1) sight and usance Letters of Credit, (2) Documents against Acceptance (D/A) and Documents against Payment (D/P); and, (3) Open Account Transactions. (references)

Source: compiled by the editor from ICON Group International, Inc.; see credits.

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Alternative Orthography: DOCUMENTS AGAINST ACCEPTANCE


Hexadecimal (or equivalents, 770AD-1900s) (references)

44 4F 43 55 4D 45 4E 54 53      41 47 41 49 4E 53 54      41 43 43 45 50 54 41 4E 43 45

Leonardo da Vinci (1452-1519; backwards) (references)

        

Binary Code (1918-1938, probably earlier) (references)

01000100 01001111 01000011 01010101 01001101 01000101 01001110 01010100 01010011 00100000 01000001 01000111 01000001 01001001 01001110 01010011 01010100 00100000 01000001 01000011 01000011 01000101 01010000 01010100 01000001 01001110 01000011 01000101

HTML Code (1990) (references)

&#68 &#79 &#67 &#85 &#77 &#69 &#78 &#84 &#83 &#32 &#65 &#71 &#65 &#73 &#78 &#83 &#84 &#32 &#65 &#67 &#67 &#69 &#80 &#84 &#65 &#78 &#67 &#69

ISO 10646 (1991-1993) (references)

0044 004F 0043 0055 004D 0045 004E 0054 0053      0041 0047 0041 0049 004E 0053 0054      0041 0043 0043 0045 0050 0054 0041 004E 0043 0045

Encryption (beginner's substitution cypher): (references)

384937554739485453235413543485354235373739505435483739

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INDEX

1. Quotations: Non-fiction
2. Orthography
3. Bibliography


  

Copyright © Philip M. Parker, INSEAD. Terms of Use.