Payments

    Net 30

    Payment terms requiring full payment within 30 days of the invoice date.

    Definition

    Standard B2B terms. Other variants: Net 15, Net 60. Always pair with a late fee clause for enforceability. For consumer work, Net 7 or Due on Receipt is more typical.

    Related terms

    Payment terms

    The rules a customer agrees to about how and when they'll pay.

    Late fee

    A penalty added to past-due invoices to encourage on-time payment.

    Past due

    An invoice still unpaid after its due date.