Collection terms of payment that require the drawee to accept a draft or drafts drawn for future maturity at the presenting bank prior to receiving the accompanying documents. Typically, such collections include a document that restricts possession or ownership, thereby…
Read MoreDocuments against payment (D/P)
Collection terms of payment that require the drawee to pay a draft prior to receiving the accompanying documents. Typically, such collections include a document that restricts possession or ownership, thereby forcing the drawee to honour the draft in order to…
Read MoreDoing Business Project
The Doing Business Project provides objective measures of business regulations and their enforcement across 189 economies. This report, launched in 2002, looks at domestic small and medium-size companies and measures the regulations applying to them through their life cycle. By gathering and analysing…
Read MoreDoor-to-airport
A contract carriage whereby a single carrier undertakes transportation responsibility from the point where the shipment originates (usually the seller´s door) to a designated airport on the buyer´s side. Unless the seller is physically located at an airport, door-to-airport transportation…
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