Conditions on which a firm proposes to sell its goods or services for cash or credit
An agreement between a buyer and a seller about payment for merchandise (typically this would be recorded on a purchase invoice)
Conditions under which a firm proposes to sell its goods or services for cash or credit
Conditions on which a firm proposes to sell its goods services for cash or credit
The details or conditions of a transaction including details of the payment method, timing, legal obligations, freight terms, required documentation, insurance, responsibilities of the buyer and the seller, and when the buyer assumes risk for the shipment
Usually refers to an internationally accepted set of definitions, which outlines the responsibilities of a buyer and seller for loss or damage to merchandise during transit