cash discount
noun
1.
a term of sale by which the buyer deducts a percentage from the bill if it is paid immediately in cash or within a stipulated period by check or cash.
2.
the amount deducted.
Origin
1915-20
Examples from the web for
cash discount
To be used by federal agencies to evaluate the cost-effectiveness of a
cash discount
.
If your business offers such discounts, you may or may not be allowed to claim a
cash discount
on your return.
In order for the
cash discount
to be excluded, it must be allowed and taken at the time of sale.
Terms of payment must be stated, including
cash discount
, if any.
When the card is presented, the price will be reduced by a
cash discount
right at the pharmacy counter.
The prices of prescription drugs are reduced by a
cash discount
right at the pharmacy counter.
The net price is list price less all trade or other discounts offered, not including
cash discount
for prompt payment.
Enter the amount of the
cash discount
you gave a customer on a taxable sale.
British Dictionary definitions for
cash discount
cash discount
noun
1.
a discount granted to a purchaser who pays before a stipulated date