Incoterms payment term

An agreement between buyer and seller specifying when and how payment for goods or services must be made, including the due date, payment terms, accep...

A term in trade and transport law describing the payment conditions linked to a sale under the chosen Incoterms. It specifies when and how the buyer p...

The financial risk associated with the payment deadline under an Incoterms-based sales contract. It covers the risk that payment is not made on time o...

The ICC Incoterms® (International Commercial Terms) are a set of internationally recognized trade terms published by the International Chamber of Comm...

A net payment term is a contractual clause requiring the buyer to pay the full invoiced amount within a specified net period after the invoice date, w...

Definition: Incoterms govern the delivery terms, transfer of risk, and allocation of costs between seller and buyer. They do not specify payment terms...