Definitions for "Cash on Delivery"
COD. A transaction in which goods are paid for in full in cash or by certified...
transaction in which goods are paid for in full in cash or by certified check immediately when they are received by the buyer.
A cash payment that is required at the time of delivery for items transported to the destination residence or warehouse.
Terms of payment: entitling the carrier to collect payment from the party receiving the goods (consignee) and obliges him to remit the collected amount to the shipper.
Buyer pays carrier the price of goods before they are delivered; seller assumes risk of purchaser refusing to accept goods.
The balance of an order is settled when it is received.
Cash out Laws Cash plus convertible
In the context of securities, this refers to the practice of institutional investors paying the full purchase price for securities in cash.