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Glossary term

Net Terms

Definition

The number of days a brand has to pay after the invoice date, such as Net 30.

What to ask

Which terms apply and whether the due date is stated on the invoice.

Reviewed by Chris Cavell, Founder of StarlightIQ
AI-assisted, human-verifiedLast updated

This page is educational and not legal advice. For large or complex agreements, have a lawyer review the contract.