English version

documents against cash

From Longman Business Dictionarydocuments against cashˌdocuments against ˈcash (also documents against payment, documents against presentation) noun [plural]COMMERCETRANSPORT an arrangement in which an importer will be given the documents giving them ownership of goods only after paying the related BILL OF EXCHANGE compare documents against acceptance
Pictures of the day
Do you know what each of these is called?
Click on the pictures to check.