"1 prox net 30" refers to a payment term typically used in business transactions. It means that the buyer is required to pay the invoice within 30 days of the invoice date, but can take a 1% discount if payment is made at the time the invoice is issued or "proximo." This encourages prompt payment while providing a financial incentive for early settlement.
"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.
If you mean: 0.25 then it is 1/4 but if you mean 025 then it is 25/1
If you mean 1/8 then as a decimal it is 0.125
If you mean £1 then 50p is 1/2 of it as a fraction
If you mean 1/4+3/4, that equals 1 or 1/1.
This is really odd for me to see, usually when a company uses "prox" it's for dates, such as 1-30 (days of the month). From what I've seen however, Prox 45, may mean that the payment is due with-in 45 days of the invoice date. Prox standing for Proximo, which literally means, Of or in the following month {or} in or of the next month after the present; "scheduled for the 6th prox"
The root word "prox" means near or close in space or time. It is derived from the Latin word "proximus," meaning nearest.
prox dynamics as
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.
Prox means 'in or about the next month'
prox is short for Proximo, meaning in or of the following month. Generally speaking prox 25 usually means payment is due on the 25th day of the following month. For example, you receive your bill/invoice dated October 15, the payment is due before or on November 25.
new 1st/10th/20th sub
"1 percent 10th prox" typically refers to a financial or investment term indicating that a payment or interest is due at a rate of 1 percent on the 10th of the upcoming month (proximate). This could apply to various contexts, such as loans, interest payments, or rental agreements. Essentially, it signifies that the payment or interest calculation will be based on the amount owed and is due on the 10th of the next month.
What is net 13th, 23rd prox 3rd 13th sub
Alfred Prox has written: 'Die Schneckenbergkultur' -- subject(s): Antiquities, Bronze age
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"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.