Prox is short for the Latin term "proximo mense" and means in the next month. Prox terms is an invoicing agreement that requires the receiver of a good or service to reimburse a business within a month.Know More
Oftentimes a business will provide discounts if payment is received prior to a month from the invoice due date. Businesses provide discounts to improve their cash flow and their ability to repay debts or to fund payroll. The discount terms and payment due date are stipulated on the invoice.
Seasonal businesses often have extended invoicing terms with their customers. This encourages customers to take shipment of products prior to when they will be able to resell them.Learn more about Credit & Lending
The Aaron's Lease Plus program, as of April 2015, allows consumers to choose leasing terms of 12, 18 or 24 months, and they can pay monthly or twice a month. Once the item is paid off as agreed, or paid off early, the consumer owns the item.Full Answer >
To sign up for Walmart credit card paperless billing in Canada, go to Manage Your Account on the official website, accept the terms and conditions, verify your account, and set up a username and password, instructs Walmart. Select Go Paperless after signing in to your new account.Full Answer >
American Automobile Association gift cards are Visa gift cards, and the AAA details the terms on its website. They are usable at any retail location that accepts Visa cards as payment.Full Answer >
To create a payment agreement, include the current date, the amount of money involved, the terms of the repayment and the personal signatures of the lender and borrower. It is wise to have witnesses present as well.Full Answer >