Definitions for "D/P"
Keywords:  drawee, espa, fran, ais, abbreviation
This refers to shipping documents which are presented to a bank on a collection basis to be passed to the buyer (drawee) when payment is made.
see DOCUMENTS AGAINST PAYMENT
Documents against Payment - A type of payment for goods in which the documents transferring title to the goods are not given to the buyer until he has paid the value of a draft issued against him.
Debt outstandingsubject to limitation Debt relief