Credit terms 2 10 N 30 is a type of payment agreement that is commonly used in business transactions. It is a type of credit arrangement that allows a buyer to purchase goods or services from a seller and pay for them in two installments. The first installment is due within 10 days of the purchase date, and the second installment is due within 30 days of the purchase date. This type of payment arrangement is beneficial to both the buyer and the seller as it allows the buyer to receive the goods or services quickly, while also providing the seller with the assurance that they will receive payment for the goods or services in a timely manner. Additionally, this type of payment arrangement allows the buyer to spread out the cost of the purchase over a longer period of time, making it easier to manage their cash flow. Credit terms 2 10 N 30 is an effective way to ensure that both parties are satisfied with the terms of the transaction.