CASH AGAINST DOCUMENTS Definition

Bookmark and Share

CASH AGAINST DOCUMENTS (CAD) is a transaction where the buyer assumes ownership/title for the goods being purchased upon paying the agreed upon sale price in cash.

Learn new Accounting Terms

UNABSORBED COSTS occurs when the cost structure does not fully reflect all variable and/or fixed costs.

P&A, dependent upon usage, can be: Parts & Accessories, Pay & Allowances, Personnel & Administration, or Price & Availability.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.