Definition of Collect Charges

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TeachMeFinance.com - explain Collect Charges



Collect Charges -- 1. Transportation practice where the receiver of the goods pays the freight and charges to the carrier.

2. Collection practice where the buyer is expected to pay the bank charges for handling the collection.



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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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