cash on delivery
Definition:
Payment for goods as they are delivered. It provides a safeguard to sellers and often buyers; sellers reduce debtors, while customers can avoid sending money in advance.
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© Westburn Publishers Ltd 2002, The Westburn Dictionary of Marketing edited by Michael J Baker, ISBN 978-0-946433-01-8. www.themarketingdictionary.com. Entry: [Gerald Michaluk], [1998].