documents against payment (D/P)

Definition of "documents against payment (D/P)"
  1. A designation on a draft stating that the connected documents can only be given to the payee upon receipt of payment
How to use "documents against payment (D/P)" in a sentence
  1. The exporter sent the goods via documents against payment (D/P) to ensure payment on delivery.
  2. The business regularly uses documents against payment (D/P) transactions to safeguard its interests.
  3. She set the terms of the trade as documents against payment (D/P) to secure her funds.
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