what would a business term 210 net 80 stand for?? Not those specfic numbers but what it work.?

Answer 1

You can deduct 2 percent if you pay within 10 days, otherwise payment is expected by the 80th day.

2-10 net 30 is more common. It means: You can deduct 2 percent of the bill if you pay within 10 days, otherwise we will expect the full amount of the bill to be paid by the 30th day after the invoice date.