Q: What does tt prior to shipment mean in payment terms?

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The mean, or the average.

prioirandposterior dist

That's the definition of the "mean" or "average" of that group of terms.

The arithmetic mean.

means your up to date with your monthly payments in the past 7 mths (past) 1111111 (present) if you have a 2s or 3s in the series of numbers ... ie) 111231121 it means you have been behind with your monthly payment that paticular month. 1s mean paid monthly payment on time 2s mean 30 days (missed one payment) 3s mean 60 days (missed two payments) 4s mean 90 days (missed three payments)

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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.