documentary sale

A sale in which the buyer pays upon the seller’s tender of documents of title covering the goods, plus a sight draft requiring the buyer to pay “at sight.”

• This type of sale typically occurs before delivery of the goods, which might be en route when the buyer pays.

— Also termed cash-against-documents sale.

---

词条贡献者

资深译员王漾，毕业于一所培养高级翻译以及跨文化事务专家的精英大学，专注翻译各种与税收策略及补贴有关的法律文件。