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.

cash discount

noun

1. a discount granted to a purchaser who pays before a stipulated date

Word History and Origins

Origin of cash discount¹

First recorded in 1915–20

Example Sentences

He could buy 'em at so much a gross with a cash discount, and he did it before ever they signed on.

From Project Gutenberg

The cash discount allowed is usually so large that a purchaser can ill afford not to take advantage of it.

From Project Gutenberg

A better method, and one which has become standard, is to provide a cash discount column in the cash book.

From Project Gutenberg

In Example No. 2, the cash discount is entered in the proper column, but the gross amount is entered in the cash column.

From Project Gutenberg

In Example No. 1, the cash discount is entered in the discount column, and the net cash received is entered in the cash column.

From Project Gutenberg