trade discount

trade discount
= trade terms
A reduction on the recommended retail price of a product or service that is offered to distributors because they buy regularly in bulk. The difference between the retail price and the discounted price provides the retailer with his overheads and profit. The amount of the trade discount will often depend on the size of an order. Thus, a supermarket chain buying goods in very large quantities expects a higher trade discount than a corner shop buying in small quantities. It is also usual for members of the same trade to offer each other trade terms as a matter of course.

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Look at other dictionaries:

  • trade discount — n. 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 …   English World dictionary

  • trade discount — trade .discount n a special reduction in the price of goods sold to people who are going to sell the goods in their own shop or business …   Dictionary of contemporary English

  • trade discount — an allowance made by a seller to a buyer at the time of purchase, for the deduction of a percentage of the price, provided the payment is made within agreed terms. Glossary of Business Terms * * * trade discount trade discount ➔ discount1 * * *… …   Financial and business terms

  • trade discount — UK / US noun [countable] Word forms trade discount : singular trade discount plural trade discounts business a reduction in the price of something offered by one business to another, especially by businesses that are involved in the same type of… …   English dictionary

  • trade discount — trade′ dis count n. bus a discount given by a manufacturer or wholesaler to a retailer • Etymology: 1900–05 …   From formal English to slang

  • trade discount — noun a discount from the list price of a commodity allowed by a manufacturer or wholesaler to a merchant • Hypernyms: ↑deduction, ↑discount …   Useful english dictionary

  • trade discount — a discount, as from the list price of goods, granted by a manufacturer or wholesaler to a retailer. [1900 05] * * * …   Universalium

  • trade discount — noun a discount on a retail price allowed or agreed between traders or to a retailer by a wholesaler …   English new terms dictionary

  • trade discount — A reduction in the list price of goods; for example, a discount given to a customer who makes bulk purchases …   Accounting dictionary

  • trade discount — See *discount …   Auditor's dictionary

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