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This term is similar to the normal terms (i.e. 2n10 net30) This term however just specifies a date. It means that if the company/person pays by the 10th of the month they can take a 2% discount, with the full balance (net) due by the 25th (with no discount).
Company's offer this kind of savings to help entice the buyer to pay off their account early. Although 2 percent doesn't sound like a lot, when dealing with thousands of dollars at a time 2 percent can add up to a huge savings for the purchasing company.
2n10 net30 is 2 percent discount if paid within 10 days of the invoice date, with the net being due 30 days after invoice date.
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∙ 11y ago
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What is Net 25th in payment Terms mean?
It means you pay on the 25th of each month
What does 2 percent 2nd 10th net 30 payment terms mean?
stupud
What does prox 25 mean in pay terms?
prox is short for Proximo, meaning in or of the following month. Generally speaking prox 25 usually means payment is due on the 25th day of the following month. For example, you receive your bill/invoice dated October 15, the payment is due before or on November 25.
What does ROG mean in payment terms?
Payment is required on Release Of Goods
What does payment term immediate mean?
what is immediate mean
What is Net 25th in payment Terms mean?
It means you pay on the 25th of each month
What does 10.00 percent mean?
10% = 0.1 = one tenth
What does 2 percent 2nd 10th net 30 payment terms mean?
stupud
What does 10 percentage mean?
10 percent of 100, a tenth, ten cents out of 1 dollar, 10 dollars out of 100.
What percent is 58 of 75 to the nearsest tenth?
If I read your question correctly, and that you mean whats 58% of 75, the answer is 43.5. I hope this helps! (:
How much does someone have to earn to be in top one-tenth of 1 percent of the country?
You didn't mention, what country you mean. The answer will vary widely, depending on the country.
To find the mean do you round to nearest tenth?
Only if you were asked to find the mean to the nearest tenth. If so, don't round each number; calculate the mean first and then round it to the nearest tenth.
What is mean of Matriculation is mean tenth yes or not?
10TH
What does prox 25 mean in pay terms?
prox is short for Proximo, meaning in or of the following month. Generally speaking prox 25 usually means payment is due on the 25th day of the following month. For example, you receive your bill/invoice dated October 15, the payment is due before or on November 25.
What does find the number to nearest tenth mean?
Round the number to the nearest tenth.
What does decimal actually mean?
"tenth"
What does decimal mean in maths?
"tenth"
