1 10 Net 30 is one way of providing a cash discount. The name sounds fancy, but it’s just a short form definition that means if a bill is paid within 10 days, a 1% discount off the purchase price will be given. If not paid in 10 days, the total purchase amount is owed at 30 days. 1 10 Net 30 is a good way for a company to quickly get paid.
This tactic helps companies have steady cash flow. 1 10 Net 30 is just one of many discounts offered. They typically work the same way. For example, 2% 10 Net 30 implies a 2% discount for early payment.
Are you satisfied with your online broker? Fire them and try Scottrade. Act now and get up to $2,000 and 50 free trades.
Why don’t you start a WordPress blog? It’s fun and really easy to do. If you start a blog now, I’ve got a discounted price for you.
Disclaimer – The writers at Investment Hunting are not financial advisors. We are not licensed in the financial industry. Any and all information found on this site, including financial terms and definitions should be used for entertainment purposes only. For more information on Investment Hunting’s disclosures and disclaimers, please visit the Disclaimers page. As an investor, you need to take personal responsibility for any and all portfolio transactions. Always consult your financial advisor or trusted investment authorities before making any financial decisions.
Latest posts by Investment Hunting (see all)
- Should You Do Real Estate Investment With A Partner? - April 8, 2017
- Stock Buy – Hormel Foods Corp (HRL) - April 4, 2017
- Blogger Interview – From Cents To Retirement - April 3, 2017