a sum or percentage deducted from the list price of a commodity allowed by a manufacturer, distributor, or wholesaler to a retailer or by one enterprise to another in the same trade
trade discount in American English
a deduction from the list price allowed a retailer by a manufacturer, wholesaler, or distributor,or allowed one firm by another in the same trade
trade discount in Retail
(treɪd dɪskaʊnt)
Word forms: (regular plural) trade discounts
noun
(Retail: Supplier accounts)
A trade discount is an amount by which the price of something is reduced for a person or business in the same trade.
People in the construction industry can get trade discounts of up to 50 percent.
We have a number of tradesmen who, although too small to buy directly from the wholesalers,purchase from us at a trade discount.
A trade discount is an amount by which the price of something is reduced for a person or businessin the same trade.
discount, discount
trade discount in Accounting
(treɪd dɪskaʊnt)
Word forms: (regular plural) trade discounts
noun
(Accounting: Commerce)
A trade discount is an amount by which the price of something is reduced for a person or businessin the same trade.
People in the building trade can get trade discounts of up to 50 percent.
We have a number of tradesmen who, although too small to buy directly from the wholesalers,purchase from us at a trade discount.
A trade discount is an amount by which the price of something is reduced for a person or businessin the same trade.