Payment term
Glossary
Payment term is the period within which an invoice must be paid. B2B: Standard 30 days; maximum 60 days unless exceptionally justified. B2C: No statutory limit; if no term is stated, immediate payment is assumed. One free reminder is required before charging costs/interest.
Updated: 19/03/2026
The definitions presented in this section reflect the Belgian context, unless stated otherwise. The texts are intended to summarise the concepts in everyday language and should not be regarded as exhaustive or definitive. Suggestions or adjustments may always be sent to glossary@tcm.be.
Glossary
Our Partners
We are recommended by the following Belgian business federations
