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cash discount

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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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Origin of cash discount

First recorded in 1915–20
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
British Dictionary definitions for cash discount

cash discount

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