„Cash Against Documents (CAD)“
What does Cash Against Documents (CAD) stand for?
A term used in collections supported by shipping documents which are released to the buyer only against payment. Same as Documents Against Payment (D/P).
Source:
Financial and BankingView all itemsBranch, A.E. (1996). “Elements of Exporting and Importing.” International Trade – An Essential Guide to the Principles and Practice of Export. London: Pitman Publishing, p. 76.