payment condition
[/ˈpeɪmənt kənˈdɪʃən/]
nounpl: payment conditions
condição de pagamento
1. The terms and specifications agreed upon between parties regarding how, when, and under what circumstances payment for goods or services will be made
The payment condition specified that invoices must be paid within 30 days of receipt.
A condição de pagamento especificava que as faturas deviam ser pagas no prazo de 30 dias após o recebimento.
2. Requirements or stipulations that must be fulfilled before, during, or after a transaction is completed
Strict payment conditions were imposed on the international contract, requiring deposits upfront.
Condições de pagamento rigorosas foram impostas no contrato internacional, exigindo depósitos adiantados.
In Brazilian business culture, payment conditions are crucial in contracts and often negotiated extensively. Terms like '30/60/90 days' (30/60/90 dias) are common in B2B transactions. In the USA, net 30 or net 60 are standard industry practices. Clear payment conditions are essential to avoid disputes and maintain professional relationships in both cultures.
Related Idioms & Phrases
set payment conditions
agree on payment conditions
negotiate payment conditions
strict payment conditions
favorable payment conditions
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