Against payment意思
"Against payment" is a term commonly used in business, finance, and legal contexts to indicate that something will occur, be provided, or be delivered after payment has been made. It implies that the payment serves as a condition or trigger for the subsequent action.
Here are a few examples of how "against payment" might be used in different contexts:
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In a contract for the sale of goods, "delivery shall be made against payment" means that the seller will not deliver the goods until the buyer has paid for them.
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In the context of services, "work will commence against payment" means that the service provider will not start working until they have received payment from the client.
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In the world of finance, "transfer will be made against payment" refers to the practice of making a transfer of funds only after the funds have been received.
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In the art world, "title passes against payment" means that the ownership of an artwork transfers to the buyer only after the full payment has been made to the seller.
The phrase "against payment" is often used to clarify the timing of events or the conditions under which certain actions are to be taken, ensuring that both parties in a transaction understand the sequence of events and the importance of payment as a prerequisite.