Payment Terms

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Definition: Payment Terms

Payment Terms
Cite Term
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Full Definition of Payment Terms

Terms that a company can offer their purchasers that can occur at any point in the product distribution channel and can come in the form of price reductions or other types of discounts and can also modify the list price that was set by the manufacturer.

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/payment-terms/
Modern Language Association (MLA):
Payment Terms. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
February 03, 2025 https://payrollheaven.com/define/payment-terms/.
Chicago Manual of Style (CMS):
Payment Terms. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/payment-terms/ (accessed: February 03, 2025).
American Psychological Association (APA):
Payment Terms. PayrollHeaven.com. Retrieved February 03, 2025
, from PayrollHeaven.com website: https://payrollheaven.com/define/payment-terms/

Definition Sources

Definitions for Payment Terms 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: 16th November, 2021 | 0 Views.