Trading TermsAsk Normal Distribution Intermarket Analysis Special documentary credit liability (SPECIAL DOC L/C) Standardized Unanticipated Earnings Open policy (OP)
CBD
, or CBD, is a payment term in commerce where the buyer pays for goods or services in full before receiving them.
In the world of commerce, there exists a payment term known as "Cash before delivery", or CBD for short. This term refers to a scenario where the buyer makes full payment for goods or services before they are delivered. Essentially, it is a prepayment arrangement that ensures the seller receives payment before the buyer receives the goods or services. This can be seen as a form of security for the seller, as they are guaranteed payment before fulfilling their end of the transaction.
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MOREUnderstand the meaning and definition of Open policy (OP) in the context of stock market, trading, and investments.
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