In retailing, same as cash is a term used by retailers to offer things which you can buy without paying any interest, usually within 30, 60, or 90 days, and occasionally six months. It is a deferred payment on purchases. If the payment becomes overdue interest would be charged from day one at the pre specified interest rate. [1]
This kind of finance is usually offered by furniture, consumer electronics and car retailers. [2]
Others similar terms used are interest free purchasing.
In retailing, same as cash is a term used by retailers to offer things which you can buy without paying any interest, usually within 30, 60, or 90 days, and occasionally six months. It is a deferred payment on purchases. If the payment becomes overdue interest would be charged from day one at the pre specified interest rate. [1]
This kind of finance is usually offered by furniture, consumer electronics and car retailers. [2]
Others similar terms used are interest free purchasing.