Legal Definition and Related Resources of C.o.d.
Meaning of C.o.d.
An abbreviation for cash on delivery . These letters signify the obligation of a carrier to the consignor to collect payment for goods from the consignee prior to delivery. Thus, delivery and payment are to occur at the same time. See Daughertv v Fowler, 44 Kan. 628, 25 P. 40. A c.o.d. tract is deemed to be a shipment contract and therefore the risk of the loss rests on the buyer after delivery to the carrier. See U.C.C. 509(l)(a).
Related Entries of C.o.d. in the Encyclopedia of Law Project
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C.o.d. in Historical Law
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Legal Abbreviations and Acronyms
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