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in business cash discounts are offered to encourage prompt payments end of month aiding or proximo dating are one of the methods used for cash discounts its typically written on an invoice like this this is read as 3 10 eom or prox the first number is a percent discount in this case three percent the second number is a date range for the discount so in this case 10 days and Dom or prox means end of the month and what this is saying is that a three percent cash discount may be taken if payment is made by the 10th of the month that follows the sale as a quick example if an invoice for one thousand dollars is dated March 16th with terms 3 10 eom there will be a discount date of 10 days from the end of March so the 10th of April and the discount would be three percent of one thousand dollars so thirty dollars so nine hundred seventy dollars due April 10th for the cash discount when no net payment date is given its common practice to allow for 2 20 days after the last discount date so in