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Net days
Net daysIn a billing cycle, the maximum period of time after the writer submits the invoice in which the client or agency must pay the full amount due. For example, "Net 30" means the invoiced amount must be paid within 30 days of submission. RELATED TERMS-------------------------------------- Time Contracts, evidence, practice. The measure of duration., It is divided into years, months. days, hours, minutes, and seconds. It is also divided into day and night. 2) Pleading. The avertment of time is generally necessary in pleading; the rules are different, in different actions. Invoice Commerce. An account of goods or merchandise sent by merchants to their correspondents at home or abroad, in which the marks of each package, with other particulars, are set forth. An invoice ought to contain a detailed statement, which should indicate the nature, quantity, quality, and price of the things sold, deposited Client Practice. One who employs and retains an attorney or counsellor to manage or defend a suit or action in which he is a party, or to advise him about some legal matters. Due What ought to be paid; what may be demanded. Example An example is a case put to illustrate a. principle. Submission 1) A yielding to authority. A citizen is bound to submit to the laws; a child to his parents; a servant to his master. A victor may enforce, the submission of his enemy. 2) Contracts. An agreement by which persons who have a law-suit or difference with one another, name arbitrators to decide the matter, and bind themselves reciprocally to perform what shall be arbitrated. SIMILAR TERMS-------------------------------------- PREVIOUS AND NEXT TERMS-------------------------------------- Nemo dat quod non habet (United Kingdom) No one can give a better title than he has. Nemo judex in causa sua "No one may be judge in his own case", referring to the principle of natural justice that an adjudicator should be disinterested and unbiased. Canada). Nemo judex in parte sua Latin and a fundamental principle of natural justice which states that no person can judge a case in which he or she is party. May also be called nemo judex in sua causa or nemo debet esse judex in propria causa. Nephew Domestiv relation. The son of a person's brother or sister. Nepos A grandson. This term is used in making genealogical tables. Net days Neutral property Insurance. The words "neutral property " in a policy of insurance, have the effect of warranting that the property insured is neutral; that is, that it belongs to the citizens or subjects of a state in amity with the belligerent powers. Neutrality International law. The state of a nation which takes no part between two or more other. nations at war with each other. New Something not known before. New and useful invention This phrase is used in tlie act of congress relating to granting patents for inventions. New for old A term used in the law of insurance in cases of adjustment of a loss, when it has been but partial. In making such adjustment the rule is to apply the old materials towards the payment of the new, by deducting the value of them from the gross amount of the expenses for repairs, and to allow the deduction of one-third new for old upon the balance. We thank you for using the Juridical Dictionary to search for Net days. If you have a better definition for Net days than the one presented here, please let us know by making use of the suggest a term option. This definition of Net days may be disputed by other professionals. Our attempt is to provide easy definitions on Net days and any other medical topic for the public at large.
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