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What does ADF in a payment term stand for?
After Deducting Freight (People seem to make their own payment term abbreviations!)
What is the term used to describe the fixed payment of interest on a bond?
Coupon Payment
What term refers to a large final payment due at the end of a loan?
Balloon Payment
What does 30 days nett monthly mean?
It's a payment term meaning: payment due 30 days from the end of the month in which the invoice is raised. It's a payment term meaning: payment due 30 days from the end of the month in which the invoice is raised.
What is meant by payment term DP 60 days?
Payment term "DP 60 days" refers to a financial arrangement where payment is due 60 days after the delivery of goods or services. "DP" stands for "Documents against Payment," indicating that the seller retains control over shipping documents until payment is made. This term is commonly used in international trade to ensure that the buyer has a specified timeframe to arrange payment after receiving the goods.
What is the difference between ZMN2 and Z060 payment terms?
ZMN2 and Z060 are different payment terms used in financial transactions, particularly in accounting and invoicing. ZMN2 typically indicates a net payment term, meaning the total amount is due within a specified period, often without any discounts. In contrast, Z060 may refer to a specific discount structure, where payment is due within 60 days, possibly with an incentive for early payment. The key difference lies in the timing and conditions associated with the payment obligations.
What does ADF in a payment term stand for?
After Deducting Freight (People seem to make their own payment term abbreviations!)
What is the term used to describe the fixed payment of interest on a bond?
Coupon Payment
What is the term for payment for a speech?
Honorarium.
What term refers to a large final payment due at the end of a loan?
Balloon Payment
What is poetic term for reward or payment?
guerdons
What is CAD shipments?
CAD payment term
Payment on a long-term note payable affects working capital whereas payment on a short-term note payable does not why?
Foolish questions are not answered
The term correct when applied to Certifying Official duties mean that?
the payment is not a duplicate of a previous payment
What does 30 days nett monthly mean?
It's a payment term meaning: payment due 30 days from the end of the month in which the invoice is raised. It's a payment term meaning: payment due 30 days from the end of the month in which the invoice is raised.
What does the payment term net 5th of 3rd month mean?
The payment term "net 5th of 3rd month" means that payment is due on the 5th day of the third month following the invoice date. For example, if the invoice is dated in January, the payment would be due on March 5th. This term gives the buyer additional time to settle the invoice compared to standard net payment terms, which typically require payment within a month.
Which term is defined as payment for damages?
Restitution is the term defined as payment for damages, typically as a way to restore the injured party to the position they were in before the harm occurred.
