Cryptocurrency Q&A
What are payment terms?
What are payment terms?
Matteo
Tue Jan 07 2025
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6
answers
1278
I'm trying to understand what payment terms are. I've heard this phrase a lot in business transactions and contracts, but I'm not entirely sure what it entails. Could someone explain it to me?
6 answers
Dario
Thu Jan 09 2025
Payment terms represent the specific conditions and parameters that govern the payment for a product or service.
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CryptoAlchemy
Thu Jan 09 2025
These terms are established by the seller for the benefit of the customer.
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Chloe_emma_researcher
Thu Jan 09 2025
They encompass various considerations such as the mode of payment.
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LucyStone
Wed Jan 08 2025
Customers can assess whether they can make payments in installments.
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EchoWave
Wed Jan 08 2025
Another aspect is the acceptance of credit or cash as payment methods.
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