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

LIABILITY RESERVE see RESERVE.

PERVASIVE is having the ability to permeate. An error is pervasive if it is material to more than one of the primary financial statements.

Suggest a Term

Enter Search Term

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