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Field glossary

2/10 net 30

A supplier term: 2 percent off for paying in 10 days, or the full amount due at 30

Used across 2 Anvilfield field guides, most in Plumbing.

Also defined as

  • Electrical: Pay terms: 2 percent off if paid within 10 days, otherwise the full amount due in 30

Where this shows up

PlumbingCash flow and forecasting field guideElectricalAccounts payable and supplier management

Related terms

RetainageThree-way matchWorking capital

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