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Notice of C.O.D. Terms

Notice of C.O.D. Terms 2025

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The document is a notice informing the recipient that their order cannot be shipped on credit terms due to inadequate credit. Instead, the shipment will be made on Cash on Delivery (C.O.D.) terms, which will be assumed acceptable unless the recipient responds within ten days. The sender expresses appreciation for the recipient's understanding and patronage.

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What is a COD in banking terms?

A certificate of deposit, or a CD, COD, or Time Account, is a savings account that earns interest from the issuing bank over a fixed period. Since the money cannot be withdrawn without a fee or penalty, banks typically offer a predetermined rate of interest, which is generally higher than a typical savings account.

What does COD stand for?

abbreviation for cash on delivery or collect on delivery: used to mean that payment will be made when goods are delivered: The goods will be shipped to you COD.

What does COD stand for in payment terms?

Cash on deliverysometimes referred to as collect on deliveryis a method of collecting payment that requires customers to pay for goods at the time of delivery. Despite its name, cash on delivery can refer to check or electronic payments too.

What is a COD notice?

Notice of COD means the notice that Licensee gives the Judicial Council stating that the System has been completed and specifying the Commercial Operation Date.

What is COD terms of delivery?

Cash on delivery (COD), sometimes called payment on delivery, cash on demand, payment on demand or collect on delivery is the sale of goods by mail order where payment is made on delivery rather than in advance. If the goods are not paid for, they are returned to the retailer.

What does COD stand for in contracts?

COD. Cash on Delivery. A payment term indicating cash is due when goods are delivered.

What does COD mean in finance?

Cash on delivery (COD)

What does COD mean in legal terms?

Definition and Citations: Collect on delivery. These letters are not cabalistic, but have a determinate meaning. They import the carriers liability to return to the consignor either the goods or the charges.

Notice of C.O.D. Terms 2025

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