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customary lag

[/ˈkʌstəmeri læɡ/]
nounpl: customary lags
atraso consuetudinário
1. A delay or postponement in payment or delivery that is based on established business practice or tradition, rather than explicitly stated in a contract
In international trade, a customary lag of 30 days for payment is often expected
No comércio internacional, um atraso consuetudinário de 30 dias para pagamento é frequentemente esperado
2. A conventional period of time between when goods are shipped and when payment is typically made
The customary lag between invoice and settlement varies by industry
O atraso consuetudinário entre fatura e liquidação varia por indústria
Synonyms
conventional delaytraditional delaystandard lagcustomary period
Antonyms
immediate paymentspot transactionon-the-spot settlement

Regional Variations

General Brazilian
atraso consuetudinário
Standard business terminology
Portugal
atraso consuetudinário
Standard business terminology
General
prazo de pagamento usual
Alternative Portuguese translation focusing on payment terms

Related Idioms & Phrases

payment terms
settlement period
trade credit
extended payment terms
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