GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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14:21 May 15, 2016 |
Norwegian to English translations [Non-PRO] Bus/Financial - Accounting | |||||||
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| Selected response from: Per Bergvall Norway Local time: 12:39 | ||||||
Grading comment
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Summary of answers provided | ||||
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4 +2 | Payment terms: Delivery month plus 30 days |
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3 -1 | Term of payment: payment-free for the month of delivery + 30 days |
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Payment terms: Delivery month plus 30 days Explanation: In payment terms, this means no payment is due until 30 days after the end of the month during which delivery was made. For a delivery that happens May 15th, payment under these terms is due on June 30th. |
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3 hrs confidence: peer agreement (net): -1
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