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The payment term MNS2-3 typically refers to a specific payment schedule in a contract or agreement. In this context, "MNS" might stand for "Monthly Net Settlement," indicating that payments are due a certain number of days after the end of a billing period. The "2-3" could signify that payments are expected 2 to 3 days after the invoice date or the end of the billing cycle. It's essential to refer to the specific contract or agreement for precise definitions, as terminology can vary by industry.
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What does 30 days nett monthly mean?
It's a payment term meaning: payment due 30 days from the end of the month in which the invoice is raised. It's a payment term meaning: payment due 30 days from the end of the month in which the invoice is raised.
What does the term minimum payment mean?
That is the smallest possible periodic payment to a creditor that is necessary to keep the credit account in good standing.
What does ADF in a payment term stand for?
After Deducting Freight (People seem to make their own payment term abbreviations!)
What is ZMN2 payment term?
Payment settled on 2nd day, 2nd Month
What is the term used to describe the fixed payment of interest on a bond?
Coupon Payment
What does payment term immediate mean?
what is immediate mean
The term correct when applied to Certifying Official duties mean that?
the payment is not a duplicate of a previous payment
What is the meaning of lol in payment term?
Lol mean laugh out loud that it mean
What does the payment term Net 30 mean?
net 30 MF
What does 31 days nett payment mean?
It's a payment term meaning: payment due 30 days from the end of the month in which the invoice is raised.
What does payment term CF 30 days mean?
Credit For 30 days
What does the term proper mean when applied to certifying official?
the funds are appropriated for payment
What does 30 days nett monthly mean?
It's a payment term meaning: payment due 30 days from the end of the month in which the invoice is raised. It's a payment term meaning: payment due 30 days from the end of the month in which the invoice is raised.
What does the term minimum payment mean?
That is the smallest possible periodic payment to a creditor that is necessary to keep the credit account in good standing.
What does the term proper mean when applied to Certifying officials duties?
the funds are appropriated for payment
What does net monthly 30 day mean?
It's a payment term meaning: payment due 30 days from the end of the month in which the invoice is raised
What does the payment term net 5th of 3rd month mean?
The payment term "net 5th of 3rd month" means that payment is due on the 5th day of the third month following the invoice date. For example, if the invoice is dated in January, the payment would be due on March 5th. This term gives the buyer additional time to settle the invoice compared to standard net payment terms, which typically require payment within a month.
