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COD in Accounting Meaning

The COD meaning in Accounting terms is "Cost of Debt". There are 2 related meanings of the COD Accounting abbreviation.

COD on Accounting Full Forms

  1. Cost of Debt
  2. Cash On Delivery Sometimes called collect on delivery, it is the sale of goods by mail order where payment is made on delivery rather than in advance. If the goods are not paid for, they are returned to the retailer. Originally, the term applied only to payment by cash but as other forms of payment have become more common, the word "cash" has sometimes been replaced with the word "collect" to include transactions by checks, credit cards or debit cards.

Frequently Asked Questions (FAQ)

  1. What does COD stand for Accounting?

    COD stands for Cash On Delivery in Accounting terms.

  2. What is the shortened form of Cost of Debt in Accounting?

    The short form of "Cost of Debt" is COD for Accounting.

Citation

COD in Accounting. Acronym24.com. (2022, February 19). Retrieved May 4, 2024 from https://acronym24.com/cod-meaning-in-accounting/

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