Net cash. The term "net cash," in its original meaning, calls for payment upon delivery of the
goods. In many markets sellers have fallen into the habit of allowing to buyers for cash 10 or some
other definite number of days, so that "cash" is interpreted to mean payment at any time within
that number of days. Thus, it has become necessary to invent another term for what "cash"
formerly meant and "net cash" or "spot cash" is employed for this purpose.

"Cash" with or without the accompanying adjective "net" or "spot" means prompt payment upon
delivery unless tfie parties to the contract have been in the habit of interpreting it in some other
sense in their dealings with each other or unless the common market usage has imparted to it
another meaning; then, some other word must be found to signify prompt payment.