| CWO | Cash with Order |
| CIA | Cash in Advance |
| CBS | Cash before Shipment |
| COD | Cash on Delivery |
| Upon Receipt | Payment due Immediately Upon Delivery of Invoice |
| EOM | End of Month. Payment is due at the end of the month of the invoice |
| Net Monthly Account | Payment is due at the end of the month following the month of the invoice |
| 30 days End of Month | Payment is due at the end of the month following the month of the invoice |
| 60 days End of Month | Payment is due at the end of the month following the month of the invoice |
| Net 7 or 7 Days | Payment of the net amount outstanding on the invoice is due seven calendar days after the date of the invoice |
| Net 14 or 14 Days | Payment of the net amount outstanding on the invoice is due fourteen calendar days after the date of the invoice |
| Net 15 | Payment of the net amount outstanding on the invoice is due fifteen calendar days after the date of the invoice |
| Net 30 | Payment of the net amount outstanding on the invoice is due thirty calendar days after the date of the invoice |
| Net 60 | Payment of the net amount outstanding on the invoice is due sixty calendar days after the date of the invoice |
| 2% 10 Net 30 | Payment of the invoice is due within thirty calendar days but payments within 10 days can take a discount of 2% |
| 21 MFI | The 21st of the month following the invoice month |
| CND | Cash Next Delivery |
| 1MD | Monthly credit payment of a full month’s supply |
| 2MD | Monthly credit payment of a full month’s supply plus an extra calendar month |
| 2MD | Monthly credit payment of a full month’s supply plus an extra calendar month |
Other Terms Associated with Payment
| Contra | A payment from a customer less the value of purchases made by the supplier from the customer |
| Stage Payment | Payment of agreed amounts at certain times or upon the achievement of certain goals |
| Letter of Credit | A written undertaking from a bank to pay the beneficiary upon receipt of documents |
| Bill of Exchange | Promise to pay at a later date, usually with bank support |
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