The meaning of TRADE DISCOUNT is a deduction from the list price of goods allowed by a manufacturer or wholesaler to a retailer.
The company selling the product (and the buyer of the product) will record the transaction at the amount after the trade discount is subtracted. For example, when goods with list prices totaling $1,000 are sold to a wholesaler that is entitled to a 27% trade discount, both the seller and...
A trade discount is different than asales discountbecause a trade discount does not have the same restrictions as a purchase discount. Trade discounts are usually given to wholesalers that order large quantities of a product as well as retailers with good relationships with the manufacturer. Purchase...
In India, for example, small caps are generally trading at a discount to large caps. 例如,印度小盘股的价格相对于大盘股通常存在折让。 ParaCrawl Corpus There are indications that RUF collects millions of dollars a year, through taxation of the diamond trade and direct sales to smugglers of ...
Example Sentences He got that car—allowing for his trade discount—for a hundred and thirty-five pounds—cape-cart hood and all. FromProject Gutenberg Trade Discount—The discount allowed by a manufacturer to a jobber or by a jobber to a retailer. ...
Trade Discount: When a manufacturer reduces the retail price of a product, it is termed a Trade discount. Trade discount is provided to increase...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question Our experts can answer your t...
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Total discounts are applied on the total value of the sales or purchase order. This kind of discount is used when, for example, a company wants to give a discount when a single sales order includes a minimum of USD 3000.00 worth of items. ...
A trade discount is a situation in which a price reduction is extended by a seller to a buyer in exchange for the buyer agreeing...
Cash Discount Cash discounts are provided to customers either when a customer pays an invoice with a specific period of time, or when the customer makes a cash payment to the seller instead of using checks or credit cards. Cash discounts are stated in contractual agreements and are used to re...