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cash discount

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.
the amount deducted.
Origin of cash discount
1915-20 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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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

a discount granted to a purchaser who pays before a stipulated date
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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