Q: What does net 10 prox mean?

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1% discount if paid by the 10th of the month, net amount is due on 30th of the month.

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.

If you mean 10% then it is 95

The net price is $8.09. 10% means 10/100 = 0.1 0.1 * $8.99 = 0.90 (a ninety cent savings.) $8.99 - 0.90 = $8.09 (what you pay after the discount)

0.1 = 10%

Related questions

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, 23rd prox 3rd 13th sub

new 1st/10th/20th sub

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

Due the 15th of the next month after delivery.

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.

45 days from the end of the current month.

The term 2 15th prox net 30 terms is an accounting term indicating when payment is due. The payment for this would be that half is due on the 15th of the month and the balance due in 30 days.

Net 10 means within 10 days of the date of invoice.

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