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It means Auto Revolving Documentary Letter of Credit. It is a payment term usually used in commodities business.
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∙ 13y ago
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Back of House
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no strings attached
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kilo amp
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PCG stands for Pastoral Care Group in referring to school terms.
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After Deducting Freight (People seem to make their own payment term abbreviations!)
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DP = payment against receipt of document
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TBD meaning in business payment
What does ROG mean in payment terms?
Payment is required on Release Of Goods
What is Payment terms in law?
the payment for goods delivered by the seller is a very important part to the contract. The payment terms will normally be agreed between the parties when the contract is negotiated. It will be usual to expect payment on delivery, payment by instalments or payment by any method agreed by the parties.
What are payment terms of AWB BL?
Payment terms include advance payment of goods and/or partial payment. In addition, a letter of credit can be submitted to the exporter of the good specifying a date which full payment will be received. This can be within 30, 60 or 90 days.
What are terms for net 30 payment?
Payment is due in 30 days with no discount
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A bank that assists in obtaining payment in accordance with draft payment terms.
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Balloon payment
What is pdc in terms of payment?
how many terms for pdc
