Akademik

1. a term of sale by which the buyer deducts a percentage from the bill if it is paid immediately in cash or within a stipulated period by check or cash.

2. the amount deducted.

[1915-20]

cash discount UK US noun [countable] [singular cash discount plural cash discounts]

a reduction in the price of something that is offered if you pay the full amount immediately in cash

Thesaurus: discounts and price reductions_synonym units of money_hyponym

cash discount,

1. the privilege of a purchaser to subtract a percentage from his bill if payment is made within a preestablished period of time: »

Cash discounts are commonly offered by sellers to encourage early cash payment (Schmidt and Bergstrom).

2. the amount subtracted.