short-term financing method in which a foreign buyer pays an exporter cash before goods are delivered
A method of payment for goods whereby the buyer pays the seller in advance of shipment of goods.
Payment for goods in which the price is paid in full before shipment is made. This method is usually used only for small purchases or when the goods are built to order.
A payment method in which the buyer pays the seller for goods or services before the products are shipped or the services are rendered.
Payment for goods in which the price is paid in full before the shipment is made. This type of payment is usually only made for very small shipments or when goods are made in order.
A method of financing trade in which the buyer pays the seller, either in full or partially, before shipment is effected.