netto

17:35 Sep 11, 2012
Swedish to English translations [PRO]
Bus/Financial - Business/Commerce (general)
Swedish term or phrase: netto
Presumably I just translate "netto" as "net" but what's the exact meaning of "netto" here - does it imply a deduction of some kind, or does it refer in some way to the 30 days payment terms? The text is from a commercial contract. Or could it just mean "in full"?

"Betalning för levererade och godkända Varor erläggs netto mot specificerad och godkänd faktura senast trettio (30) dagar efter fakturans ankomst."
Oliver Dirs
United Kingdom
Local time: 03:30


Summary of answers provided
5net
aventura22


Discussion entries: 3





  

Answers


12 mins   confidence: Answerer confidence 5/5
net


Explanation:
:)

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Note added at 13 mins (2012-09-11 17:49:27 GMT)
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For example:
If your salary is 10 000 US dollars per year. This is your brutto salary.
And after taxes your salary is 4 000 US dollars. Your netto salary.

Or in golf,
Your score is 85 shots. Your brutto score.
Your handicap is 20.
So your netto score is 65.


aventura22
Sweden
Local time: 04:30
Native speaker of: Native in SwedishSwedish, Native in EnglishEnglish
Notes to answerer
Asker: But how does your salary example relate to an invoice? The only tax on an invoice should be VAT, which is paid if it's charged and not paid if it's not charged. I want to know the relevance of "netto" to an invoice payment here -thanks.

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