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The phrase Net 30 prox is used in the accounting field. It means that a buyers payment is due 30 days from the day they receive the shipment.

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11y ago

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What is 2 15th prox net 30 terms?

The term 2 15th prox net 30 terms is an accounting term indicating when payment is due. The payment for this would be that half is due on the 15th of the month and the balance due in 30 days.


What is Net 30th prox?

Net 30th prox are payment terms such that all invoices for a given month are payable in one lump payment due 30 days after the end of the month of invoice


What is Net 13th 2third prox third 13th subsequent?

What is net 13th, 23rd prox 3rd 13th sub


What is 2nd 30th net prox?

"2nd 30th net prox" typically refers to a specific type of mortgage loan or financial arrangement. In this context, "2nd" indicates a second mortgage, while "30th" usually refers to a 30-year term. "Net prox" might relate to the net proceeds or net value associated with the loan. However, the term is not widely recognized, and its meaning could vary based on specific financial contexts.


What does Net 30th prox 10th 20th subsequent mean?

new 1st/10th/20th sub


What do the terms net 10th and 25th prox mean?

The terms "net 10th" and "25th prox" refer to payment terms commonly used in business transactions. "Net 10th" means that payment is due by the 10th day of the month following the invoice date. "25th prox" indicates that payment is due on the 25th of the month following the invoice date, regardless of when the invoice was issued. These terms help establish clear timelines for payment.


What is net 15th prox?

Due the 15th of the next month after delivery.


What prox 45 payment terms?

This is really odd for me to see, usually when a company uses "prox" it's for dates, such as 1-30 (days of the month). From what I've seen however, Prox 45, may mean that the payment is due with-in 45 days of the invoice date. Prox standing for Proximo, which literally means, Of or in the following month {or} in or of the next month after the present; "scheduled for the 6th prox"


What does net 10 prox mean?

"Net 10 prox" typically refers to a payment term in business transactions, meaning that the full payment is due within 10 days of the invoice date. The term "prox" indicates that the payment is due based on the date of the invoice rather than the date of delivery or service completion. This arrangement is often used to encourage prompt payment from clients or customers.


What is Net tenth prox?

Clarification -- prox is a shortned form of the latin proximo, meaning next (not approxmate as is commonly beliexed.) So, Net 10th Prox menas that payment in full is due ON the 10th of the next (proximo) month.


What does net prox 45 mean?

"Net prox 45" typically refers to a specific measurement or term in a financial or business context, often indicating a net profit margin of 45%. This means that after all expenses are deducted from revenue, 45% of the revenue remains as profit. The term may also be used in different industries with varying interpretations, so context is essential for a precise understanding.


What does the payment term Net 30 mean?

net 30 MF