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Dictionary of International Trade

A B C D E F G H I J K L M N O P Q R S T U V W Y Z
Pa Pe Ph Pi Pl Po Pr Pu
Pac Pal Par Pat Pay
Paye Payi Paym

Payment in advance

A payment term whereby the buyer remits the amount of money at the time the order is placed. Under this term the buyer is actually extending credit to the seller. Also called CWO (cash with order).

Related entries

  • T/T Telegraphic transfer
  • Vostro account
  • Validity
  • Usance L/C
  • Usance draft
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Dictionary of International Trade

Practical Guide to Incoterms

Dictionary of International Trade

Key definitions of over 1500 useful international trade terms. More than 1000 weblinks and 500 acronyms and abbreviations

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