PURCHASE DISCOUNT Definition

Bookmark and Share

PURCHASE DISCOUNT is a reduction in the purchase price, allowed if payment is made within a specified period.

Learn new Accounting Terms

ECONOMIC PROFITS is the difference between the total revenue and the total opportunity costs.

HISTORICAL EXCHANGE RATES are just that: The historical data on currency exchange rates.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.