maksetaega

Maksetähtaeg, also written maksetaega in the genitive form, is a term used in commercial transactions to denote the time period within which a buyer must pay for goods or services after receiving an invoice. It defines the due date and is a central element of credit terms that influence cash flow for both supplier and customer. The term is common in Estonian business practice, but similar concepts exist worldwide.

Typical maksetähtaeg forms include Net terms (for example Net 30, Net 60), where payment is due within a certain number of days after the invoice date; due on receipt; or cash on delivery. Some terms offer early-payment discounts (for example 2/10 Net 30) to reward prompt payment. Terms may be fixed or negotiated in the contract.

Factors influencing the length of maksetäega include industry norms, the buyer's creditworthiness, the size of the order, and the relationship between buyer and seller. Longer terms can ease buyer liquidity but raise supplier risk; shorter terms improve cash flow for the seller. Penalties or interest on late payments are common remedies, and agreements may specify partial payments or milestones.

Legal frameworks vary by jurisdiction. If no maksetähtaeg is stated in the agreement, many contracts default to a standard period or to payment on delivery, depending on local law. In most cases, invoices state the due date clearly, and agreements may specify consequences for late payment, including interest and suspension of delivery.