The terms "2/10,n/30" mean that a 2 percent discount is allowed on payments made over 10 but before 30 days after the invoice date.

Name: The terms "2/10,n/30" mean that a 2 percent discount is allowed on payments made over 10 but before 30 days after the invoice date.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The terms "2/10, n/30" mean that a 2 percent discount is allowed if the payment is made within 10 days after the invoice date; otherwise, the net (full) amount is due within 30 days.

The Terms "2/10,n/30" Mean That a 2 Percent Discount Is