Also known as: COD.
COD has various meanings in the Business & Finance category. Discover the full forms, definitions, and usage contexts of COD in Business & Finance.
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.
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