Freight prepay allows shippers to pay for shipping costs upfront before the goods are transported. This arrangement can streamline the shipping process, as the carrier is guaranteed payment, and it often simplifies billing for the receiver. In some cases, prepaying can also lead to cost savings through negotiated rates. However, it may limit flexibility for the receiver in terms of choosing shipping options or carriers.
Using a credit or debit card will allow me to prepay the shipping charges that are associated with this purchase. You'll get a nice discount if you prepay with your credit card.
Prepay and add refers to the shipping charges on an invoice. The Seller pays freight charges and adds to invoice. Title and control of the goods passes to the buyer when the carrier signs for the goods at the shipping point (origin) So, the Seller pays freight and bills them to the Buyer who bears the freight charges, the Buyer owns the goods in transit, and the Buyer files any necessary claims.
Prepaid & Add means the shipper, or supplier, will prepay the freight and add the shipping cost to the quote or purchase order from the customer. The customer approves these terms so the purchase order can be issued and approved without knowing in advance the exact shipping charges.
In freight terms, "PrePay" refers to the arrangement where the shipper pays for transportation costs before the shipment is dispatched. This typically ensures that the carrier is compensated upfront, reducing the risk of payment issues. "Add" generally means additional charges or fees that may be applied to the base shipping cost, such as for fuel surcharges or handling fees. Together, these terms help clarify the financial responsibilities involved in the shipping process.
I had to prepay for the trip.
The prefix of "prepay" is "pre-."
I would like to prepay for our room.
Example sentence - We had to prepay for the book.
There are many benefits to using freight carriers. Freight carriers allow companies to move a large quantity of products over a long distance in one trip, which saves time.
I'd like to prepay for my tickets to the performance, please.
To reduce thefts, cash customers are sometimes required to prepay for self-service gasoline purchases. I have to prepay my membership fee at the gym each month.
If you prepay too much for gas with cash, the excess amount will not be refunded to you. It is important to only prepay the amount you need to avoid overpaying.