Extended payment terms give freight brokers the ability to settle carrier invoices 30, 60, or 90 days after the invoice date, easing the cash flow gap inherent to brokerage.
Source: https://www.investopedia.com/terms/e/extended-payment-terms.asp
Tools that match this term
You might also be interested in these terms
Weekly: Top news, industry facts and insights from the world of logistics – free.
Content reviewed and editorially cleared.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.