Akademik

cash on delivery

( COD)

In the context of securities, this refers to the practice of institutional investors paying the full purchase price for securities in cash. Bloomberg Financial Dictionary

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cash on delivery ˌcash on deˈlivery abbreviation COD noun [uncountable] COMMERCE TRANSPORT

when a buyer must pay for goods when they are delivered; = PAYMENT ON DELIVERY

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cash on delivery UK US noun [U] (ABBREVIATION COD, also payment on delivery)

► COMMERCE a method of doing business in which a company will transport goods to a customer and take payment for the goods at the time they are given to the customer: »Items must be paid for in full prior to delivery - cash on delivery is not acceptable.

→ Compare CASH BEFORE DELIVERY(Cf. ↑cash before delivery), CASH IN ADVANCE(Cf. ↑cash in advance)

Financial and business terms. 2012.