Cash discount
An incentive offered to purchasers of a firm's product for payment within a specified time period, such as ten days. ...
cash discount
See sales discounts.
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cash discount
trade credit feature providing for a deduction if payment is made early. For example: trade terms of "2% 10 days net 30 days" allow a 2% cash discount for payment in 10 days.
CASH DISCOUNT PERIOD - The period of time during which a cash discount can be taken for early payment.
CASH DIVIDEND - A dividend paid in cash to a company's shareholders. The amount is normally based on pr...
CASH DRAW - see PROPRIETORS DRAW.
Cash discount: A deduction that is given for prompt payment of a bill.
Cash flow: The actual movement of cash within a business; the analysis of how much cash is needed and when that money is required by a business within a period of time.
cash discount The amount a customer can deduct from the amount owed for purchased merchandise if payment is made within a certain time.
Cash discount:
A reduction, usually expressed as a percentage, in the price of a product or the amount of a bill if payment is made promptly and in cash.
Français: Escompte "cash"
Español: Descuento por pago al contado ...
CASH DISCOUNT - An allowance received or given if payment is completed within a stated period of time. Refer to TRADE DISCOUNT.
Cash discount - A reduction of some portion of the amount to be paid because the buyer is willing to pay in cash, as compared buying on credit. Many individuals like cash payments as it can be used as a way of evading tax.
Cash Discount - An incentive offered by the seller to encourage the buyer to pay within a stipulated time.
cash discount
A reduction in invoice price offered to customers to encourage prompt payment of invoices
cost of goods sold ...
Cash Discount
An incentive that a seller offers to a buyer in return for paying a bill owed before the scheduled due date. The seller will usually reduce the amount owed by the buyer by a small percentage or a set dollar amount.
Cash discount
A cash discount is the discount on the selling price that a supplier may offer to customers who make early payments on invoices.
Cash dividends declared ...
A cash discount is a reduction in the invoice or purchase price for paying within a prescribed time period. You can choose whether or not to deduct cash discounts, but you must treat them the same from year to year.
Dictionary Term
cash discount
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Understanding and Forecasting the Credit Cycle-Why the Mainstream Paradigm in Economics and Finance Collapsed
by Richard A. Werner ...
cash discount A credit or discount offered if the purchaser chooses to pay early and/or with cash. cash dividend A dividend paid in the form of cash, generally by check. cash earnings Cash revenues minus cash expenses.
Net sales Gross sales less returns and allowances, freight out, and cash discounts allowed. Net sales transaction Refers to over-the-counter trading.
Net sales Gross sales less returns and allowances, freight out, and cash discounts allowed. Net sales transaction Refers to over-the-counter trading.
3/7 EOM - this means the buyer will receive a cash discount of 3% if the bill is paid within 7 days after the end of the month indicated on the invoice date.
cash discounts for prompt payment of bills (just report the net price after the discount as the amount of the expense; as an alternative, you can credit the amounts to a separate discount account, ...
Discount factoring arrangement whereby seller receives funds from the factor prior to the average maturity date, based on the invoice amount of the receivable, less cash discounts, less an allowance for estimated claims, returns, etc.
The conditions under which credit will be extended to a customer. The components of credit terms are: cash discount, credit period, net period.
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Personal Finance Glossary ...
all reductions in earnings which cannot be directly attributed to customer invoices, e.g., rebates and cash discounts
International Accounting Standard (IAS) ...
Net Sales
An accounting term used to define gross sales less returns, allowances, freight, and cash discounts.
The provision of some futures contracts that requires not delivery of underlying assets but settlement according to the cash value of the asset.
Cash discount ...
It can be argued that sales tax directly discourages improvements in the efficiency of production because it taxes the purchase of factory equipment. The classic way of cheating on sales tax is to ask a merchant for a cash discount.
 See also: Expense, Bills, Disbursement, Banks, Marketable securities
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