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.

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词条贡献者

译者Terris，毕业于国内一流的高级翻译学院，擅长翻译各种与政府合同相关的法律文件。