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trade discount

noun

a discount, as from the list price of goods, granted by a manufacturer or wholesaler to a retailer.

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You may have read the word "simmer" in a recipe or two, but what does it really mean?
To cook in water that begins cold and then reaches a boil.
To stew in a sauce for a long time.
To cook in water, just below boiling temperature.
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Origin of trade discount

First recorded in 1900–05

Words nearby trade discount

trade bill, trade book, trade council, trade cycle, trade deficit, trade discount, trade dollar, traded option, trade down, trade dress, trade edition
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020

British Dictionary definitions for trade discount

trade discount

noun

a sum or percentage deducted from the list price of a commodity allowed by a manufacturer, distributor, or wholesaler to a retailer or by one enterprise to another in the same trade
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