Posted: Thu May 24, 2007 5:37 pm Post subject: What is Cash On Delivery
CASH ON DELIVERY is a specific term and I believe UPS is the only company that still does it. They charge the sender $8 or so and take about 6 months to get you your money.
Cash on delivery or COD is a financial transaction where the payment of products and/or services received is done at the time of actual delivery rather than paid for in advance.
You can see the definition of cash on delivery here
http://www.google.com/search?hl=en&defl=en&q=define:cash+on+delivery&sa=X&oi=glossary_definition&ct=title
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