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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 noun from the Cambridge Business English Dictionary © Cambridge University Press)
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