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Page modified: Friday, June 23, 2006 20:29:27

Conditions of payment the conditions are called, with which a calculation is to be settled. The conditions of payment are a component in addition belonging Kaufvertrages.Die terms of payment determine the time of the payment, the distribution of the costs as well as the way of the payment.

Example:

  • 14 days 3% discount payment or 30 days net
The payment can be settled within one period by 14 days after the Rechungsdatum under departure of 3 per cent of the invoice amount or in full height (net) of 30 days after the invoice date.
  • net, against letter of credit

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