cash discount

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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

a reduction in the total amount of money owed by a customer to a supplier in return for prompt payment. Cash discounts are offered by suppliers as a means of persuading customers to pay for their CREDIT purchases more quickly and thereby improve the supplier's CASH FLOW.

cash discount

see DISCOUNT.
References in periodicals archive ?
'The Welsh settlement is significantly better than that for England but still entails an average 1.4% year-on-year cash reduction in resources and remains challenging,' said an Assembly spokeswoman Picture: Andrew James [c]
"The way the funding is being allocated, the most deprived and poorest areas are seeing the biggest cash reduction and the heat map itself illustrates that point.
The Arts Council said the cash reduction, inflation and additional pressure on the budget due to new venues scheduled to open soon meant its ability to support the work of artists and arts organisations will be severely constrained.
* CASH REDUCTION: Landlords could see a sharp drop in income after April 2011 when a national cap on housing benefit is launched
One leaked internal document said: "All teams have been given a 10 per cent cash reduction target and so we need to focus not only on where we can deliver an excellent service with fewer roles but also opportunities to spend less."
Health investigators have achieved a massive cash reduction from the numbers of patients making false claims for NHS treatment.
The authority said it faces a 43% cash reduction in Government funding from PS120m in 2010/11 to PS68m in 2015/16.
Education bosses at Newcastle Council said this cash reduction, on top of previous Government cuts, would "mean that the capacity to make any further efficiency savings and avoid damaging reductions in services is extremely limited".
One reads: "All teams have been given a 10 per cent cash reduction target and so we need to focus not only on where we can deliver an excellent service with fewer roles but also opportunities to spend less cash."
The rise comes as the authority is facing a 43% cash reduction in Government funding from PS120m in 2010/11 to PS68m in 2015/16.
To meet that cash reduction new ways to deliver services have been looked at and efficiencies have been made to cut spending.
The cash reductions at the county level are likely to slow down operations and development projects already hampered by delayed disbursement from the National Treasury.""The implication of the budget proposal is that each county will have to revise its allocation downwards during the supplementary phase.