English translation: Portion (in %) of the bill, paid through a CTS Payment Plan
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19:21 Sep 23, 2007
English to English translations [PRO] Bus/Financial - Finance (general)
English term or phrase:% CTS Payment Plan
Straight bill of lading - short form
bill freight to: Conterm choice (its carrier's name) % CTS Payment Plan
Could you explain to me the fragment "% CTS", please?
Explanation: That % is more likely to be c/o, an abbreviation for 'in care of'.
In other words, the freight charges are billed to Conterm (or whatever) but the invoice is addressed to CTS Payment Plan, which handles the billing process. CTS Payment Plan may be a department of the billed organisation or a separate organisation.
Ken Cox Local time: 02:36 Native speaker of: English PRO pts in category: 20