Prox Terms?

Answer

Prox terms refer to the next payment due. The word 'prox' means 'next' in Latin. So, Prox 30 payments terms will mean that an invoice given in a particular month will be due on the 30th of the following month.
Q&A Related to "Prox Terms?"
This is really odd for me to see, usually when a company uses "prox" it's for dates, such as 1-30 (days of the month) From what I've seen however, Prox 45, may mean that
http://wiki.answers.com/Q/What_prox_45_payment_ter...
Payment for material receipted will occur on the fitth day of the third proximate month after the month the material were received
http://www.webanswers.com/misc/what-is-5th-3rd-pro...
1% discount if paid by the next 10th of the month, net (no discount) if paid by the next 15th of the month.
http://aolanswers.com/questions/1-10th-prox-net-15...
The term 2 / 10 means the buyer is eligible for discount of 2% if the payment is made within 10 days. As the payment is made after 10 days he cannot claim discount, so the amount
http://answers.yahoo.com/question/index?qid=201203...
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