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What specifically does Net-30 terms mean?

mean net-30 terms
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What specifically does Net-30 terms mean?

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Net-30 refers to the billing terms of a purchase order with DeskTop Labels™. Net-30 means that the bill shall be paid by the customer within 30 days of the order. We send out all invoices within 24 hours of the order. Failure to pay within a timely manner will result in late fees added on to the bill. The customer assumes these billing terms when purchasing with credit.

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