A credit or discount offered if the buyer chooses to pay early and/or with cash.
A discount offered to a purchaser in a store for paying in cash, as the retailer will avoid paying any transaction charges and will get the funds instantly. Larger multiple stores are unlikely to offer cash discounts, as their transaction charges are calculated from head office.
An incentive offered to purchasers of a firm's product for payment within a specified time period, such as ten days.
A percentage allowance deducted from an invoice under certain conditions, such as, two percent off the invoice if a customer pays the bill within ten days of receiving it.
A deduction allowed by print media (usually 2 percent of the net) for prompt payment (e.g. within 15 to 30 days), generally passed along by the agency to the advertiser to encourage collections.
An allowance received or given if payment is completed within a stated period of time. Refer to TRADE DISCOUNT.
a deduction only at the time payment is made
an allowance extended to encourage payment of an invoice on or before a stated date
a reduction in the invoice or purchase price for paying within a prescribed time period
a reduction of a bill to encourage the customer to pay promptly
A discount you make for quick payments on bills. Notwithstanding the fact, that the discount is quite small: it makes about 2%, in annual payments it can form a significant sum. The 2% discount for payments on bills within 10 days equals approximately 36% annually.
a -price reduction offered for immediate cash payment.
A deduction that is given for prompt payment of a bill.
Price reduction or discount on bills paid early. Terms of "2/10, Net 30," for example, means that a 2% discount is granted if the bill is paid within 10 days. Otherwise, the entire amount is due within 30 days.
Some do-it-yourself moving companies give a discount to customers who pay cash instead of using a credit card — usually in the 3 percent to 5 percent range.
A discount in the price of a product granted by a vendor in return for payment in cash. Credit card companies often stipulate that outlets which accept their cards may not offer cash discounts to customers.
An incentive offered by the seller to encourage a buyer to pay within a stipulated time. For example, if the terms are 1%/10/net 30, the buyer may deduct 1 percent from the amount of the invoice (if paid with 10 days); otherwise the full amount is due within 30 days.
An incentive offered by the seller to encourage the buyer to pay within a stipulated time. For example, if the terms are 2/10/N 30, the buyer may deduct 2 percent from the amount of the invoice (if paid within 10 days) otherwise, the full amount is due in
A deduction allowed by media suppliers for prompt payment.
A cash premium or deduction for the payment made within a designated time. Usually offered to encourage prompt payment.
A simple price reduction given to a buyer for prompt payment or payment in cash. p. 578
A discount of 2% for prompt payment granted by the print media to advertisers; usually figured on the net amount due the medium after the deduction of the 15% agency commission. A few publications grant a cash discount of 5%.
Discount for early payment of a debt
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