Lesson Eleven: Terms of Payment I. Listening. adopt v. [É™â€™dÉ”pt] practice n. [â€˜prÃ¦ktis] various adj. [â€˜vÉ›É™riÉ™s] circumstance n. [â€˜sÉ™:kÉ™mstÉ™ns] transaction n. [trÃ¦nâ€™zÃ¦kÊƒÉ™n] D/A D/P concrete adj. [â€˜kÉ”nkri:t] expense n. [iksâ€™pens].
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adopt v. [ə’dɔpt]
practice n. [‘præktis]
various adj. [‘vɛəriəs]
circumstance n. [‘sə:kəmstəns]
transaction n. [træn’zækʃən]
concrete adj. [‘kɔnkri:t]
expense n. [iks’pens]
Besides, it gives us much more _______.
settle v. [‘setl]
terms of payment
accept v. [ək’sept]
confirmed adj. [kən’fə:md]
irrevocable adj. [I’revəkəbl]
payable adj. [‘peiəbl]
exception n. [ik’sepʃən]
consider v. [kən’sidə]
sight n. [sait]
What are they discussing?
Since the price has been settled, the two men will go on to the terms of payment.
Mr. Black could accept D/P or D/A.
A confirmed, irrevocable letter of credit gives us the additional protection of the banker’s guarantee..
What price term does Mr. Chen can accept?
What’s the usual practice?
What ‘s the price terms ageed at last?
Make dialogues (Group work) role play
Recite the conversation.
Make up a new dialogue on your own and find a partner to act it out .