Trade Discount (Noun)
Meaning
A discount from the list price of a commodity allowed by a manufacturer or wholesaler to a merchant.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The merchant was able to purchase the goods at a lower price due to the trade discount offered by the wholesaler.
- The company's pricing strategy included offering a trade discount to its loyal customers.
- A trade discount of 10% was given to the retailer for purchasing the products in bulk.
- The manufacturer provided a trade discount to the merchant, which helped increase sales and revenue.
- The trade discount allowed the merchant to sell the products at a competitive price in the market.