payment for goods
1payment on delivery — ˌpayment on deˈlivery abbreviation POD noun [uncountable] COMMERCE TRANSPORT when a buyer must pay for goods when they are delivered; = CASH ON DELIVERY * * * pay …
2payment on invoice — ► COMMERCE payment for goods and services that must be made after the buyer receives an invoice: »Terms are payment on invoice within 15 days of invoice date. Main Entry: ↑payment …
3Payment in kind — refers to payment for goods or services with a medium other than legal tender (anything can be used as money, but legal tender is what the State accepts for all debts).Etymology“Kind” (or sometimes ) in this context is an archaic noun meaning… …
4payment — The amount required to repay a loan, including interest and fees. Bloomberg Financial Dictionary * * * payment pay‧ment [ˈpeɪmənt] noun 1. [countable, uncountable] FINANCE an amount of money that must be or has been paid, or the act of paying it …
5payment — pay|ment W1S2 [ˈpeımənt] n 1.) an amount of money that has been or must be paid ▪ You can make a payment in any bank. ▪ Employees may occasionally receive bonus payments . ▪ The country cannot meet the payments on its £80 billion foreign debt. ▪… …
6payment in advance — prepayment Payment for goods or services before they have been received. In company accounts, this often refers to rates or rents paid for periods that carry over into the next accounting period …
7payment terms — ➔ term1 * * * payment terms UK US noun [plural] ► COMMERCE the statement by a business about when and how it should be paid for goods or services that it has supplied: »The written contract should include price, payment terms, and specific work… …
8payment — / peɪmənt/ noun 1. the money exchanged for goods or a service ● We always ask for payment in cash or cash payment and not payment by cheque. ● The payment of interest or the interest payment should be made on the 22nd of each month. ♦ payment… …
9Payment — A payment is the transfer of wealth from one party (such as a person or company) to another. A payment is usually made in exchange for the provision of goods, services or both, or to fulfill a legal obligation. The simplest and oldest form of… …
10payment — / peɪmənt/ noun 1. the act of giving money in exchange for goods or a service ● We always ask for payment in cash or cash payment and not payment by cheque. ● The payment of interest or the interest payment should be made on the 22nd of each… …