cash on delivery

n (Commerce) a service entailing cash payment to the carrier on delivery of merchandise. Abbreviation: COD

Thesaurus

Adv.

1.cash on delivery - collecting the charges upon delivery; "mail a package C.O.D."C.O.D., COD

cash on delivery

Payment for a purchase when it is delivered, as opposed to paying in advance at the time of ordering You know, you're expected to pay cash on delivery when the package gets here. I'm sorry, but we no longer offer cash on delivery for any orders placed online or over the phone.See also: cash, delivery, on

ˌcash on deˈlivery

(abbr. COD) a system of paying for goods when they are delivered: Do I need to pay now or will you take cash on delivery?See also: cash, delivery, on

cash on delivery

Commerce a service entailing cash payment to the carrier on delivery of merchandise

Cash on Delivery

an accounting method used by individuals and organizations to meet monetary obligations incurred in the maritime transport of goods and in postal shipments. The dispatcher who ships the goods authorizes the appropriate transport or communications enterprise to deliver such goods to the recipient upon receipt of payment from the recipient or upon verification that such payment has been made through a bank. In the USSR, cash on delivery is widely used by commercial organizations that sell books and other goods by mail.

LegalSeeCOD

cash on delivery

Cash on delivery (COD)

In the context of securities, this refers to the practice of institutional investors paying the full purchase price for securities in cash.

Delivery versus Payment

A settlement procedure in which the buyer and the seller of a security agree that the seller will pay the buyer upon the security's delivery to the seller. This agreement is designed to reduce risk to both parties: if the delivery and payment do not occur at the same time there is a risk, however small, of theft by one party or the other. It is more commonly known as cash on delivery.

cash on delivery

See delivery versus payment.

cash on delivery (COD)

an arrangement whereby goods previously ordered are paid for when delivered.

AcronymsSeecause of death

cash on delivery

Synonyms for cash on delivery

adv collecting the charges upon delivery

Synonyms

C.O.D.
COD

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