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DA is a term used in import/export business internationally. DA stands for "Documents against Acceptance" and "number of Days" specified with DA means the number of days credit against that particular set of shipment documents(invoice, Shipping bill etc) i.e. DA 60 days means that importer/ purchaser will make payment within or at the latest by 60th day from the date of his acceptance of the Documents.
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By law how many days does your payment have to be late for a reposession to occur?
The number of days a payment must be late before repossession can occur varies by state and contract. Typically, it ranges from 30 to 60 days past due. It is important to review the specific terms of your contract and familiarize yourself with the laws in your state regarding repossession.
How many days in jail do you do if you are sentenced 60 days?
if u are sentenced 60 days in prison u are spending 60 days ! god how stupid can the person who asked this question be !
When do 60 days in jail begin?
The start of a 60-day jail sentence typically begins on the day the individual is officially booked into the jail facility. This marks the official start of the sentence, and the individual will serve the full 60 days unless there are mitigating circumstances that lead to an early release or sentence reduction.
How long does a person have in small claims court to pay the judgment for the plaintiff?
The time given to pay a judgment in small claims court varies by jurisdiction, but it typically ranges from 30 to 60 days. It's important to adhere to the court's timeline to avoid further legal consequences. If you need more time to pay, you may be able to negotiate a payment plan with the plaintiff or seek assistance from the court.
How long must a pawn shop hold an item under Kentucky Law?
60 days from the maturity of the loan which is 30 days making a total of 90 days
What is meant by payment term OA 60 days?
OA = open account
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 meant by payment term CAD 60 days?
It means 60 from the date the customer receives the goods. CAD = Cash Against Documents
What does payment at 60 DD BD mean?
"Payment at 60 DD BD" typically refers to a payment term in a financial agreement. "60 DD" means that payment is due 60 days after the date of the invoice or delivery of goods. "BD" could denote "business days," indicating that the payment is expected within 60 business days. This term is commonly used in trade and credit arrangements to specify payment timelines.
What does 60 days nme mean?
"60 days NME" typically refers to a payment term in business transactions, indicating that payment is due within 60 days after the invoice date. "NME" stands for "net monthly end," meaning the payment is expected by the end of the month that falls 60 days from the invoice date. This term is often used in contracts and agreements to clarify payment timelines between parties.
What payment term 60 days month out mean?
The payment term "60 days month out" typically means that payment is due 60 days after the end of the month in which the invoice was issued. For example, if an invoice is dated March 15, the payment would be due by May 30. This term is often used in business transactions to provide the buyer with an extended period to manage their cash flow before settling the invoice.
What does payable within 60 days due net invoice date mean?
"Payable within 60 days due net invoice date" means that the payment for the invoice is required to be made within 60 days from the date the invoice was issued. The term "net" indicates that the full amount stated on the invoice is due without any deductions. This payment term allows the buyer a specified period to arrange for payment after receiving the invoice.
What does payment at 60 days net monthly account mean?
"Payment at 60 days net monthly account" means that payment for goods or services is due 60 days after the invoice date, with the total amount being settled in full at that time. This arrangement allows the buyer to manage cash flow by postponing payment until the end of the 60-day period. The term "net" indicates that the full invoice amount is payable without any deductions.
WHAT IS AMS 60 DAYS?
What are ams 60 day payment terms
What is DP 60 days?
DP 60 days typically refers to a "Documentary Pro forma" or "Documentary Payment" arrangement where payment is expected within 60 days after the presentation of documents in a trade transaction. This term is often used in international trade, where the seller provides shipping and financial documents to the buyer's bank, which then releases them to the buyer upon payment or acceptance of a draft. This arrangement allows buyers time to arrange funds while ensuring sellers have secured payment terms.
What does payment terms of 30 days DOI 60 days net mean?
In my area they mean payment is due 30 or 60 days from invoice date, respectively. -- days net or -- days DOI meaning the same thing.
What is the terms 60 days against BL?
The term "60 days against BL" refers to a payment term in international trade where the buyer is allowed 60 days from the date of the Bill of Lading (BL) to make payment for the goods. This arrangement typically involves a letter of credit or trade finance mechanism that provides assurance to the seller while allowing the buyer time to generate cash flow. It is commonly used in transactions involving significant goods or commodities.
