Terms of 2/10 N/30 is a commonly used trade term in business that allows customers to receive a discount for paying their invoices within the specified period. In this case, the seller is offering a 2% discount if payment is received within 10 days of the invoice date. If payment is not received within the 10-day window, full payment is due within 30 days of the invoice date. By offering terms of 2/10 N/30, sellers can encourage early payment and enjoy increased cash flow.