Clients & FreelancingIntermediate
Net Terms
PronunciationNET TURMZ
Definition
Net terms refer to the payment deadline granted by a freelancer or business to a client after an invoice is issued. For example, "Net 30" means the client has 30 days from the invoice date to pay the full amount.
Where you hear it
In contract negotiations, service agreements, and invoice footers.
Examples
We typically set our payment terms to Net 30 for new clients.
Please ensure the invoice reflects our agreed-upon Net 15 terms.
Common mistake
Confusing Net terms with the actual payment date; the "Net" number represents the duration of the grace period, not the specific calendar day the payment is due.
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