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2/10 net 30 - this means the buyer must pay within 30 days of the invoice date, but will receive a 2% discount if they pay within 10 days of the invoice date. 3/7 EOM - this means the buyer will receive a cash discount of 3% if the bill is paid within 7 days after the end of the month indicated on the invoice date.
In finance, a day count convention determines how interest accrues over time for a variety of investments, including bonds, notes, loans, mortgages, medium-term notes, swaps, and forward rate agreements (FRAs). This determines the number of days between two coupon payments, thus calculating the amount transferred on payment dates and also the ...
Discount store. A discount store or discounter offers a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down costs. [1]
Fukushima nuclear accident. Coordinates: 37°25′17″N 141°1′57″E. Fukushima nuclear accident. Part of the 2011 Tōhoku earthquake and tsunami. The four damaged reactor buildings (from left: Units 4, 3, 2, and 1) on 16 March 2011. Hydrogen-air explosions in Units 1, 3, and 4 caused structural damage. [1] Date.
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