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English definition of “cash on delivery”

cash on delivery

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 , cash in advance
(Definition of cash on delivery from the Cambridge Business English Dictionary © Cambridge University Press)
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