cash discount

American  

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.

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cash discount British  

noun

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

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Etymology

Origin of cash discount

First recorded in 1915–20

Example Sentences

Hypothetically, everything’s cool as long as the bartender tells the customer he’s getting a cash discount.

From Washington Post • Jan. 10, 2017

They were finally given a cash discount, and then they returned home to more donations and a gift from the Lions Club.

From Washington Times • Jul. 16, 2016

Or it can raise the price slightly for all customers, and then offer a cash discount of five cents a gallon.

From The Wall Street Journal • Mar. 29, 2016

I asked the sales assistant if there was a cash discount.

From Slate • Oct. 17, 2013

Wallingford, to placate him, finished paying for the contract and took the cash discount, but held the agent off two or three days in the matter of the “copy.”

From Young Wallingford by Chester, George Randolph