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What Do You Mean By Payment Terms? |
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Answer» The terms of payment that a company offers to a customer based UPON which a DISCOUNT may be given for PROMPT payment or penalties can be CHARGED in case of late payment made is known "Payment Terms". The terms of payment that a company offers to a customer based upon which a discount may be given for prompt payment or penalties can be charged in case of late payment made is known "Payment Terms". |
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