(精选)致用商务英语阅读(上)programme ten Terms of Payment课件.pptVIP

Terms of Payment ;Contents;Programme Content ;Programme Objective;Passage OneTerms of Payment ; There are four general terms of payment extended to a company purchasing goods from overseas. Ranked by preference of the importer from the least to the most risk, are Open Account, Documentary Collections, Documentary Letters of Credit, and Cash in Advance. Open Account Open account terms give the maximum security to the buyer and represent the greatest risk to the seller. This form of payment is used when the seller has enough trust in the buyer’s ability and willingness to pay once the goods have been shipped, provided the buyer’s country makes it possible for the buyer to effect payment as promised. ; Advantages to Importer: Least risk for buyer Does not require bank credit Goods are in possession of buyer prior to payment Disadvantages to Importer: May increase price of goods quoted by seller ;;;;published by the International Chamber of Commerce. These rules are referred to as the Uniform Customs and Practice for Documentary Credit (UCP) and are currently listed in ICC Publication No. 600. Advantages to Importer: Reasonable assurance of delivery of goods may allow for: Lower purchase price Extended payment terms Disadvantages to Importer: Credit availability tied-up Banks check documents, not goods Added costs for buyer ;;Words Expressions;;; (5) Cash in advance terms are typically used in new relationships where transactions are small and the buyer has little flexibility but to prepay. 提前付款支付方式典型地使用于首次交易。在这种交易关系中，交易数额小且买方几乎没有付款的灵活性，只能提前支付。 其中，短语have little… but to…的意思是“别无……而只能…….”，例如，短语have little chance but to run away的意思是“几乎没有机会只能逃跑”，短语have little possibility but to give in的意思是“几乎没有什么可能性只好投降”。 ;;Business Link: ;*;*;Read and Think;*;*;*;*;Read and Translate;*;*;After Reading;*;*;Passage TwoWhy 30-Day Payment Terms? (excerpts) ;Q 1 Have you ever bought something? If you have, what kind of payment terms have you adopt