„Collect on Delivery (C.O.D.)“

What does Collect on Delivery (C.O.D.) stand for?

A service where the purchase price of a shipment is collected by the carrier upon delivery of the shipment and subsequently paid to the shipper.

Source:

Hinkelman, Edward G. (2005). “Dictionary of International Trade: Handbook of the Global Trade Community.” California: World Trade Press.

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