trade terms |
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Definition
Understanding between a buyer and a seller as to the discounts, payment period, delivery expenses and time, returns, and the standard meaning of terminology used in transactions and trade documents. See also trade term.
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trade terms is in the Accounting & Auditing, Advertising, Marketing, & Sales, Banking, Commerce & Finance and Purchasing & Procurement subjects.
trade terms appears in the definitions of the following terms: entertainment expenses, terms of sale and delivery payment
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