Definitions for "Terms of Sale"
Keywords:  invoice, freight, fob, incoterms, cif
The details or conditions of a transaction including details of the payment method, timing, legal obligations, freight terms, required documentation, insurance, responsibilities of the buyer and the seller, and when the buyer assumes risk for the shipment.
Arrangements between buyer and seller which specifies the conditions required in payment for goods or services.
An agreement between a buyer and a seller about payment for merchandise (typically this would be recorded on a purchase invoice).
Conditions on which a firm proposes to sell its goods services for cash or credit.
The agreement between participants as to the conditions of a sale.
The conditions and arrangements under which a property is being sold. Read aloud by Referee prior to Auction being conducted..
Terms according to which payments for purchases are made. An extremely important source of saving funds.