Net 10, 30, etc.
1 definition found for this term.
Definitions are presented in the order source books were published (most recent first).
Financial Skills for Professionals$65.00 – $104.00
Refers to payment terms on an invoice. For example: ‘Net 10 2 percent, 30,’ means that if purchaser pays the invoice within 10 days they receive a 2 percent reduction in invoice. Otherwise, full invoice amount is due within 30 days.