Definitions for "Quantity Discount" Add To Word List
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A discount in unit price determined by either purchase quantity or dollar amount.
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In life insurance, a per thousand discount allowed when the policy face amount is in excess of a certain amount designated by the insurance company. The discount is based on the concept that the acquisition cost for a small policy is the same as that for a larger one, so that in the larger policy, the cost per thousand to issue the policy is less, thus justifying the discount.
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a price reduction offered on the purchase of a large quantity.
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Price reductions experienced as a result of purchasing in larger volume.
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A price reduction allowed by the seller in recognition of the lower per unit cost of service for larger orders compared to smaller ones.
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an allowance determined by the quantity or value of a purchase
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A reduction in price for volume purchases.
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An inducement to a customer to make larger purchases; a price reduction for volume buying.
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A proportional reduction of a rate based on quantity (aircargo).
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A reduction in the unit price offered for large volume contracts.
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A proportional reduction of a rate based on quantity (air cargo).
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A manufacturer's or wholesaler's discount based on the quantity of cases purchased in a single order or over a specified time period. See bracket pricing.
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A reduction in selling price for buying a large number of units of a product. Real accounts The name given to balance sheet accounts because they are permanent and are not closed at the end of the period.
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A premium discount given for the purchase of a policy with a larger face amount. See also Policy Fee.
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Preferred pricing for advertisements based on a single volume purchase for a given timeframe.
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