an allowance made by a seller to a buyer at the time of purchase, for the deduction of a percentage of the price, provided the payment is made within agreed terms. Glossary of Business Terms
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trade discount UK US noun [C] COMMERCE, FINANCE
► a reduction in the price of goods or services that a company gives to other businesses that use them in their own activities or sell them to the public: »
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Financial and business terms. 2012.