payment deferral

Deferred payment is a payment term under which the buyer pays for goods or services at a later, agreed date after delivery or receipt of the goods.

A postponement of tax payment (for example VAT or customs duties) on goods until a specified time or event occurs.

Payment default refers to the failure to fulfill the payment obligations under a contract in logistics, supply chain, or transport, typically by the b...

A court or authority order prohibiting a debtor from making certain payments to creditors.

An agreement whereby the supplier allows the buyer to postpone payment for goods or services beyond the original due date, effectively extending suppl...

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...