Cash discount


Cash discount
An incentive offered to purchasers of a firm's product for payment within a specified time period, such as ten days. The New York Times Financial Glossary

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cash discount cash discount discount1

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cash discount UK US noun [C]
COMMERCE a reduction in the price of something offered to someone who is willing to pay the whole amount immediately in cash: »

The buyer is entitled to a cash discount of 12%.


Financial and business terms. 2012.