Collect on Delivery, or Cash on Delivery

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Collect on Delivery, or Cash on Delivery is a sales term indicating that the inventory must be paid for at the time of delivery.

Definitions

According to Managerial Accounting by Braun, Tietz (5th edition),

Collect on Delivery, or Cash on Delivery. A sales term indicating that the inventory must be paid for at the time of delivery.

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