, 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.
