What is meant by payment term DA 90 days from BL?

The payment term "DA 90 days from BL" stands for "Documents Against Acceptance," where the buyer agrees to pay for goods within 90 days of the Bill of Lading (BL) date. This means that the seller will present the shipping documents to the buyer's bank, and the buyer must accept the documents, committing to pay the specified amount within the 90-day period. This arrangement allows the buyer some time to generate cash flow from the purchased goods before making the payment.