A notation used to express trade credits offered to encourage early payments on invoices or bills. Since most payment periods are 30 days, a business might offer a five percent discount if the amount is paid within ten days. This condition would be expressed on the bill or invoice as 5/10 net 30.
Related information about net 30:
- Net D - Wikipedia, the free encyclopedia
Net 10, Net 15, Net 30 and Net 60 (also Net 10 days, et al) are forms of trade credit which specify that the net amount (the total outstanding on the invoice) is ...
- What is net 30? definition and meaning
Definition of net 30: A specific type of trade credit where the payment is due in full 30 days after the item is purchased. Businesses will often offer a discount with ...
- What does "net 30" mean vs. "due in 30 days"? - Quora
May 10, 2011 ... Answer 1 of 4: "Net 30" and "due in 30 days" are typical trading terms that are usually set by the supplier and agreed to by the account customer ...
- 1%/10 net 30 Definition | Investopedia
A way of providing cash discounts on purchases. It means that if the bill is paid within 10 days, there is a 1% discount. Otherwise, the total amount is due within ...
- Net 30 - What Does It Mean?
In the business world, "net 30" refers to the length of time (in this case, 30 days) ... If the plumbing company operates with a "net 30" billing policy, this means that ...
- NET30 Inc. - Bookkeeping and Bill Paying Service, Established 1987
NET30 Inc. - Bookkeeping and Bill Paying Service, Established 1987.
- Pros and Cons of Offering Net 30 | MoreBusiness.com
Nov 13, 2009 ... Find out why offering a line of credit with net 30 terms to your commercial clients may give you the edge you need over your competition.
- Net 30 Credit Terms - wikiCFO
Apr 1, 2010 ... See Also: How Important is Personal Credit in Negotiating a Commercial Loan · How to Improve Your Credit Score · Letter of Credit ...