Net 10, 30, etc.

Filed Under: Business

1 definition found for this term.
Definitions are presented in the order source books were published (most recent first).


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.

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