The terms 2 10 N 30 are used to describe the number of days that a company has to pay its bills, starting from when they were issued. For example, if a company uses the 2 10 N 30 terms, they will have to pay their bills within 2 days (2X) of receiving them, and they have 10 days (N) to pay using non-check methods (such as wire transfers). If they still don’t pay within 10 days, the payment is considered late, or overdue (30). This can also be written as 2/10 Net 30.