Ah, payment terms can sometimes be like happy little trees in the world of business. "3ND2" stands for "3% discount if paid within 2 days." It's a way for businesses to encourage prompt payment and build positive relationships with their customers. Just like adding a touch of titanium white to your painting, these payment terms can bring a sense of balance and harmony to your financial transactions.
The mean, or the average.
prioirandposterior dist
That's the definition of the "mean" or "average" of that group of terms.
The arithmetic mean.
Shipping on board-buyer owns merchandise at shipment and pays for shipment.
Payment is required on Release Of Goods
Cash on Delivery
Lol mean laugh out loud that it mean
Payable in 30 days
RDl/c means REVOLVING DOCUMENTARY LETTER of CREDIT - it is banking instrument & it usual payment term in Int' trading when we speaking for yearly contracts. in this case each month shipment-loading has the same value.
Wt do you mean Payment Terms 100% DP at Sigjht
stupud
It means you pay on the 25th of each month
The phrase Net 30 prox is used in the accounting field. It means that a buyers payment is due 30 days from the day they receive the shipment.
I think the "terms of sale" are simply all the terms defined in the sales contract... They include name of commodity, specifications, packing, quantity, unit price, total value, time of shipment, port of loading etc...
Means it should be paid in full withen 30 days.