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What does term 30th mean?

The term 30th refers to the 30th number. It comes after the 29th and before the 31st. It can be used to describe the 30th item in a sequence like a 30th birthday or the 30th day of the month.


What does 2 percent 2nd 10th net 30 payment terms mean?

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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 does Net 13th 23rd prox 3rd 13th subsequent mean?

"Net 13th 23rd prox 3rd 13th subsequent" refers to a payment term often used in business transactions. It indicates that payment is due 13 days after the 23rd day of the month, with the term "prox" suggesting that the due date is based on the next month’s cycle. The subsequent part typically signifies that this payment schedule will continue in the following months. Essentially, it's a structured way to define when payments should be made after certain dates.


What do terms of net 13Th 23Rd prox 3Rd 13Th subsequent mean?

The terms "net 13th, 23rd, prox, 3rd, 13th subsequent" refer to payment terms in financial agreements. "Net" indicates that the full amount is due without any deductions. "13th" and "23rd" specify specific days of the month when payment is due, while "prox" means payments are due at the end of the month following the invoicing month. "3rd" and "13th subsequent" suggest that payments are due on the 3rd and 13th of the month after the invoice date.