Examlex
What is self-management,why is it important and what components should a self-management program contain?
Credit Terms
The conditions under which a seller will extend credit to a buyer, including the repayment period, interest rate, and the amount of payment.
Net 20
A payment term indicating that the full payment is due within 20 days from the invoice date.
2/10
A common trade credit term indicating a 2% discount if payment is made within 10 days; otherwise, the full amount is due in 30 days.
Net 30 Day Credit
A payment term indicating that the full payment is due within 30 days from the invoice date.
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