Discounts meaning
Successive Discount Formula, Tips, Tricks and Quick Way to SolveJun 9, 2024 · Trade Discounts – Meaning, Benefits, Accounting, and More. Trade Discounts, as the word suggests, is a reduction in the selling price. This is the discount that a manufacturer or wholesaler gives to a reseller, or it is the discount that a seller provides for bulk purchases. Or, we can say that it is a certain percenta..