documents against payment

documents against payment
Shipping documents that are released to the buyer once the buyer has paid for the draft. Bloomberg Financial Dictionary

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documents against payment UK US noun [plural] (ABBREVIATION D/P, also cash against documents, also documents against cash, also documents against presentation) COMMERCE
in international trade, an arrangement in which someone can only collect imported goods after paying for them at a bank and showing proof of having paid

Financial and business terms. 2012.

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Look at other dictionaries:

  • documents against payment —   [ dɔkjʊmənts ə geɪnst peɪmənt, englisch], Abkürzungen d/p oder D/P, eine Handelsklausel …   Universal-Lexikon

  • documents-against-payment bill — ➔ bill of exchange * * * documents against payment bill UK US noun [C] COMMERCE ► BILL OF EXCHANGE(Cf. ↑bill of exchange) …   Financial and business terms

  • Documents against Payment (D/P) — ⇡ Dokumente gegen Zahlungs Inkassi …   Lexikon der Economics

  • documents against cash — ˌdocuments against ˈcash also ˌdocuments against ˈpayment, ˌdocuments against presenˈtation noun [plural] COMMERCE TRANSPORT an arrangement in which an importer will be given the documents giving them ownership of goods only after paying the… …   Financial and business terms

  • documents against presentation — UK US noun [plural] COMMERCE ► DOCUMENTS AGAINST PAYMENT(Cf. ↑documents against payment) …   Financial and business terms

  • documents against cash — /ˌdɒkjυmənts əgenst kæʃ/, documents against presentation /ˌdɒkjυmənts əgenst prez(ə)n teɪʃ(ə)n/ noun an arrangement whereby a buyer receives documents for the goods on payment of a bill of exchange …   Marketing dictionary in english

  • documents against acceptance — D A A method of payment for goods that have been exported in which the exporter sends the shipping documents with a bill of exchange to a bank or agent at the port of destination. The bank or agent releases the goods when the bill has been… …   Big dictionary of business and management

  • payment — 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 …   Financial and business terms

  • payment terms — The agreed way in which a buyer pays the seller for goods. The commonest are cash with order or cash on delivery; prompt cash (i. e. within 14 days of delivery); cash in 30, 60, or 90 days from date of invoice; letter of credit; cash against… …   Big dictionary of business and management

  • Payment Card Industry Data Security Standard — The Payment Card Industry Data Security Standard (PCI DSS) is an information security standard for organizations that handle cardholder information for the major debit, credit, prepaid, e purse, ATM, and POS cards. Defined by the Payment Card… …   Wikipedia

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