Delayed Settlement Processing

Business, Legal & Accounting Glossary

Definition: Delayed Settlement Processing


Delayed Settlement Processing


Full Definition of Delayed Settlement Processing


A method of payment wherein the settlement is deferred until the merchandiser has shipped the goods to the customer. The authorized transaction is stored online and the seller can access the payment only when he has sent the goods to the buyer


Cite Term


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https://payrollheaven.com/define/delayed-settlement-processing/
Modern Language Association (MLA):
Delayed Settlement Processing. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 18, 2024 https://payrollheaven.com/define/delayed-settlement-processing/.
Chicago Manual of Style (CMS):
Delayed Settlement Processing. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/delayed-settlement-processing/ (accessed: April 18, 2024).
American Psychological Association (APA):
Delayed Settlement Processing. PayrollHeaven.com. Retrieved April 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/delayed-settlement-processing/

Definition Sources


Definitions for Delayed Settlement Processing are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.