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In most cases, businesses will issue invoices with terms and conditions. One of the common ones for business to business is "net 10" or "net 30". Simply put, this means the balance is due within 10 days of the invoice being issued. In some cases, companies will offer a discount if the invoice is paid in the specific number of days and/or will charge a fee if it is not paid.
Generally if there is a discount it is included in the terms such as 1%/Net 10. You can read about this common accounting term at Investopedia (see related link below).
What else can I help you with?
What does 10 percent mean in money?
Ten percent in money means ten percent of the total amount. For example, if you borrow $5,000 at ten percent interest, $500 will be added to the total you owe because $500 is ten percent of $5,000. You would, therefore, have to pay $5,500 to pay the loan back in full.
What does 10k in money mean?
ten thousand
What does 10m mean in money?
Ten Million.
What would happen if you owe chase an didn't pay after ten years?
I'd ask Chase, he'd know better than the Internet!
Can a bank chase a loan over ten years old?
Depending on the type of loan it was, there may be no statute of limitations--by law. But, if you never did pay up, then by rights you should make arrangements to pay and follow through with it. That is because you used goods and services and need to pay as agreed. it was a personal loan
What does Net 10 days or 10 percent mean?
It means the total over ten days or ten percent.A little more detail:This refers to a purchase from a company on a charge account. The invoice will have this printed on it.It means the amount of the sale is due to be paid within Ten days or there is a 10% additional fee.
What is the pricing for Net Ten service?
"The Net Ten service is typically between 30 to 45 dollars. You have to pay full price for the phone you want, but the service is cheap. Way better then paying 200 dollars for any other service with a contract."
How do you get the red orb in Pokemon emerald?
you give me ten dollars if you dare change my answer you will pay and i mean pay!
What does the prefix 'dec' mean?
The prefix "dec" means ten. For example, the word "decagon" refers to a ten-sided polygon.
What does deci-as in decimal mean?
It refers to ten. The decimal system is based on counting in tens.
What does centillion mean?
The word refers to an extremely large number. The exact number is disputed with some using the number to mean ten to the power of 303 and others using it to mean ten to the power of 600.
Part is to trap as net is to?
TEN
What is the height of the net of the WNBA?
Ten Feet
Ten is an antonym of the word net?
false
How many words can you make out of the word then?
Net Hen Ten The He En Te Net
What words can you spell using mental?
Men, male, ten, lean, meat, neat, tan, man, net, meal, mean,team
What does 10 percent mean in money?
Ten percent in money means ten percent of the total amount. For example, if you borrow $5,000 at ten percent interest, $500 will be added to the total you owe because $500 is ten percent of $5,000. You would, therefore, have to pay $5,500 to pay the loan back in full.
