Definition, Meaning & Synonyms
trade-discount
noun
/treɪd dɪsˈkaʊnt/
Definition
A reduction in the list price of goods given by a seller to a buyer, usually based on the volume of goods purchased.
Examples
- The distributor received a trade discount of 20% on the bulk order of electronics.
- Many suppliers offer trade discounts to encourage larger purchases from retailers.
Meaning
Trade discounts are typically offered to wholesalers or retailers, making it easier for them to resell the products.
Synonyms
- volume discount
- wholesale discount
- bulk discount
