款到发货英文术语
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As a content creator, it's important to be familiar with the terminology related to business transactions. One such term is "款到发货" (kuǎn dào fā huò), which refers to the practice of receiving payment before shipping out a product. Here are some English equivalents and explanations:
1. Prepayment: This is a general term for any payment made in advance of a product or rvice being delivered. In the context of "款到发货," prepayment specifically refers to paying for a product before it is shipped.
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2. Pay before delivery: This phra express the same idea as "款到发货" but is more straightforward and less idiomatic. It could be ud in a contract, for example, to stipulate that the buyer must pay before the ller ships the goods.
3. Cash in advance (CIA): This is a more formal term commonly ud in international trade. It refers to a payment method in which the buyer pays the ller in full before the goods are
shipped. CIA is often ud for high-value transactions or when the buyer and ller are not familiar with each other.古代化妆品
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4. Letter of credit (L/C): An L/C is a financial instrument issued by a bank that guarantees payment to the ller as long as certain conditions are met (such as providing proof of shipment). This is a common tool ud in international trade to mitigate the risk of non-payment.
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5. Advance payment guarantee (APG): Similar to an L/C, an APG is a financial instrument that guarantees payment to the ller if the buyer defaults on their payment. However, an APG is issued by the buyer's bank rather than the ller's.
生儿子的科学方法6. Escrow: Escrow is a rvice that acts as a neutral third party between the buyer and ller. The buyer deposits the payment into an escrow account, which is then relead to the ller once the goods have been received and inspected. Escrow provides a level of curity for both parties in the transaction.
In conclusion, understanding the concept of "款到发货" is esntial for conducting business with Chine suppliers. The above English equivalents can help clarify this practice and provide a common language for negotiating and formalizing transactions.
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