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Dictionary definition: payment terms
- Article from:
- A Dictionary of Finance and Banking
Copyright© A Dictionary of Finance and Banking 1997, originally published by Oxford University Press 1997. (Hide copyright information)
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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 ...
Related newspaper, magazine, and journal articles:
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Article: Knowing the players. (construction industry; payment ...
Doors and Hardware;
June 1, 1996 ;
700+ words
... ... overbill projects, the negative cash positions on their jobs are ... do not sign contracts with payment terms that correspond to those figures ... promptly. Negotiate reasonable payment terms and conditions Clearly, contract ... regularly negotiate more favorable payment terms than ...
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