Silmäluvulla

Silmäluvulla is a Finnish term that translates to "at sight" or "on demand" and primarily refers to a payment term. It indicates that a payment is due immediately upon presentation of an invoice or bill. This means the recipient of the invoice is expected to make the payment without any delay, as soon as they receive and verify the document.

This payment term is common in various business transactions, especially when there is a pre-existing relationship between the parties, or for services rendered that are immediately consumed. It simplifies the payment process by eliminating the need for extended credit periods or negotiation of payment deadlines.

Silmäluvulla payments are often used in situations where the value of the transaction is relatively small, or when the seller wants to ensure prompt cash flow. It can also be seen in contexts like retail, where payment is typically made at the point of sale, effectively on sight. The term emphasizes the immediacy of the financial obligation, requiring no grace period beyond the time it takes to receive and acknowledge the demand for payment.