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"Net 25th 2nd prox" typically refers to payment terms in a financial or business context. It means that payment is due on the 25th day of the second month following the date of the invoice. For example, if an invoice is dated in January, the payment would be due on March 25th. The term "net" indicates that the total amount is due without any deductions.

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7mo ago

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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 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 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 30 Prox mean?

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.


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

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


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

new 1st/10th/20th sub


What is 25 net 2nd prox payment terms?

"25 net 2nd prox" payment terms indicate that the buyer is required to pay the invoice amount within 25 days, but the payment is based on the second month following the invoice date. "Net" means the full invoice amount is due, with no discounts. Essentially, if an invoice is issued in January, the payment would be due by the end of February.


What is Net 25th in payment Terms mean?

It means you pay on the 25th of each month


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 15th prox?

Due the 15th of the next month after delivery.


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 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.

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