Trade discount definition

Trade discount means any discount immediately recognized by a wholesale dealer from the manufacturer, importer, or sales entity affiliate or by a retail dealer from a manufacturer, importer, sales entity affiliate, or wholesale dealer. Trade discount does not include any off-invoice allowances that a wholesale dealer is required, either directly or indirectly, to pass on to a retail dealer or any rebates or coupons as defined in this Chapter that a wholesale or retail dealer is required to offer to the end consumer, but is reimbursed for, either directly or indirectly, by either the manufacturer, importer, sales entity affiliate, or wholesale dealer.
Trade discount means a manufacturer’s payment of con- sideration to a wholesaler to account for differences in the cost of manufacture, sale, or delivery resulting from differing methods or quantities in which the manufacturer’s cigarettes or other tobacco products are sold or delivered to the wholesaler. “Trade discount” does not include allowances.
Trade discount means an amount you get on your own sales based on your title as per the Success Plan.

Examples of Trade discount in a sentence

  • Trade discount along with certificate certifying that higher discount is not given to any other Department/Organization/Institution than offered should be enclosed with Financial Bid.

  • Trade discount of 5% was allowed on the cash sales.You are required to advise the accountant of M/s.

  • Sales is inclusive of Excise and net of Trade discount and VAT/CST.

  • Trade discount offered on individual items must be calculated in the unit price offered.

  • Trade discount, rebates and other similar items will be deducted for determining the cost of materials.


More Definitions of Trade discount

Trade discount. As an AP you agree to the following:  That as an incentive to promote purchases of Vidhyanjali products, Vidhyanjali shall give each AP who qualifies (under Vidhyanjali rules set out in the current sales policy) a trade discount based only on the volume of the purchase in each transaction, the AP shall be informed about their discount before placing order.  This discount will normally be calculated at the time of billing in respect of purchases. However, Vidhyanjali may withhold the trade discount which is otherwise payable to any AP if there is any outstanding payment in respect of any period beyond the credit period or Vidhyanjali suspect that payment may not be received against the sales made during any period or for any other good reason at the sole discretion and judgment of Vidhyanjali and may additionally forfeit the same in appropriate cases at the sole discretion and judgment of Vidhyanjali.
Trade discount means a discount of eight percent (8%) off the RRP of the Products.
Trade discount means any discount immediately recognized by
Trade discount means a reduction in the selling price of motor fuel if the buyer:
Trade discount means a discount of eight percent (8%) off the RRP of the Prod- ucts.
Trade discount means a price reduction that is offered by a cigarette manufacturer
Trade discount means an amount less than the MRP you get on your goods based on your purchase volume as per the Plan*