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  • - ‘Prepayment’ means that you should pay the specified part of the total payment amount for the specified number of days before the goods or materials are delivered.
  • - ‘Payment on Delivery’ means that you should pay the specified part of the total payment amount when the goods or materials are delivered.
  • - ‘Credit’ means that you should pay the specified part of the total payment amount within the specified number of days after the goods or materials have been delivered.

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