why you should avoid net 30 billing terms why you should avoid net 30 billing terms series why you should avoid net 30 billing terms the net 30 billing trap why you should avoid this much too common business practice its the year 2010 and im talking to a colleague of mine shes a full time freelance editor. Definition of net 30 what does the term net 30 mean what is meant by the term net 30 in the business world net 30 refers to the length of time in this case 30 days that a customer has to pay their outstanding bill. Net 30 is an invoicing payment term used commonly in the business world where the 30 refers to the amount of days that your client has to pay the outstanding invoice variations net 7 net 10 net 60 net 90 technically net 30 is a short term credit that the seller extends to the client. Net 30 and due in 30 days are typical trading terms that are usually set by the supplier and agreed to by the account customer prior to them purchasing goods services trading terms set the payment due dates including any discount incentives for payments made by the account customer on or before the payment due date
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