Business, Legal & Accounting Glossary
A reduction from the sales list price that a business might offer to some of its customers. The amount of the trade discount will be shown on the face of the invoice as a deduction from the list price. A Settlement Discount is different.
A reduction in the list price of goods; for example: a discount given to customers who make purchases in bulk.
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This glossary post was last updated: 6th January, 2020 | 2 Views.