documents against payment Meaning in Cambridge Business English Dictionary
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Meaning of "documents against payment" - Business English Dictionary

documents against payment

noun [plural]
 
 
( abbreviation D/P, also cash against documents, also documents against cash, also documents against presentation) COMMERCE
in international trade, an arrangement in which someone can only collect imported goods after paying for them at a bank and showing proof of having paid
(Definition of documents against payment from the Cambridge Business English Dictionary © Cambridge University Press)
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