Which word is a synonym for discounts?
Which word is a synonym for discounts?
What is another word for discount?
| deduction | reduction |
|---|---|
| cut | markdown |
| rebate | subtraction |
| abatement | allowance |
| concession | decrease |
What are discounts and allowances?
Incentives used to motivate sales are called discounts while those used to motivate payments are called allowances (which apply only to purchases made on credit). Discounts are most often used by retail and wholesale companies (e.g., when a store holds a 10% off sale).
What is meant by quantity discount?
What Is a Quantity Discount? A quantity discount is an incentive offered to a buyer that results in a decreased cost per unit of goods or materials when purchased in greater numbers. A quantity discount is often offered by sellers to entice customers to purchase in larger quantities.
What is the synonym of concession?
Synonyms for concession. accommodation, compromise, give-and-take, negotiation.
How do you say something is discounted?
WORDS RELATED TO DISCOUNTED
- advantageously.
- at a bargain price.
- at a discount.
- at a reduced price.
- cheap.
- dirt-cheap.
- discounted.
- inexpensively.
What is promotional pricing strategy?
Promotional pricing is a sales strategy in which brands temporarily reduce the price of a product or service to attract prospects and customers. By lowering the price for a short time, a brand artificially increases the value of a product or service by creating a sense of scarcity.
What are credit terms?
Credit terms are the payment terms mentioned on the invoice at the time of buying goods. It is an agreement between the buyer and seller about the timings and payment to be made for the goods bought on credit. It is also known as payment terms. Accounting solutions to help you manage your business just the way you want …
What is quality discount?
Promotional discount offered to wholesalers and retailers in which progressively lower prices are available for progressively larger orders.
What is the quantity discount model?
Definition of quantity discount model Quantity discounts are price reductions designed to induce large orders. If quantity discounts are offered, the buyer must weigh the potential benefits of reduced purchase price and fewer orders against the increase in carrying costs caused by higher average inventories.
What is a concession in business terms?
What is a concession? It is a kind of partnership between the public sector and a (usually) private company that has shown its added value in a specific area, for example developing infrastructure.
What does it mean to offer concessions?
something that is allowed or given up, often in order to end a disagreement, or the act of allowing or giving this: Both sides involved in the conflict made some concessions in yesterday’s talks.
What are the pricing elements?
Pricing factors are manufacturing cost, market place, competition, market condition, quality of product.