What is Trade Discount Definition & Example? Trade vs Cash discounts
Ali allowed a 10% discount to James on the list price, for purchasing goods in bulk quantity. Further, a discount of Rs. 2000 was allowed to him, for making the payment within 30 days. Besides being offered to customers who purchase in bulk, trade discounts also are offered based on customer location, order size, and the customer credit rating. Customers may have the opportunity to receive multiple trade discounts known as chain discounts. When a chain discount or series discount ...
