ICPO

Business, Legal & Accounting Glossary

Definition: ICPO


Quick Summary of ICPO


An offer to buy goods under specified terms and conditions; for example, for misuse.



What is the dictionary definition of ICPO?

Dictionary Definition


IPCO is an abbreviation for an irrevocable corporate purchase order or irrevocable corporate purchase offer.

Also:

  • International Criminal Police Organisation (INTERPOL)
  • Irish Council for Prisoners Overseas (formerly Irish Commission for Prisoners Overseas)
  • International Commission for the Protection of the Oder (River)
  • Irrevocable Commission Payment Order
  • Iloilo City Prosecutor’s Office (Philippines)
  • Israeli Cooperative Program Office

Full Definition of ICPO


An ICPO (irrevocable corporate purchase order or irrevocable corporate purchase offer) is a document similar to a Letter of Indemnity – LOI (not to confused with Letter of Intent) which is used by companies to communicate their intent to enter into a transaction with a foreign-based (overseas) company and provides verification as to the purchasing terms, banking information, and company financials pertaining to the transaction.

An IPCO technically acts as like the final draft of a purchase order and is typically sent to the seller on company letterhead.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/icpo/
Modern Language Association (MLA):
ICPO. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 04, 2020 https://payrollheaven.com/define/icpo/.
Chicago Manual of Style (CMS):
ICPO. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/icpo/ (accessed: July 04, 2020).
American Psychological Association (APA):
ICPO. PayrollHeaven.com. Retrieved July 04, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/icpo/

Definition Sources


Definitions for ICPO 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: 15th January, 2020 | 872 Views.