Special discounts on list prices granted to different classes of customers are known as trade discounts.

Question

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Trade discounts are offered to different classes of customers, such as wholesalers or retailers, and are reflected in the discounted prices they pay for the products or services they purchase. These discounts are typically applied to the list price, and are not generally advertised to the general public.

Special Discounts on List Prices Granted to Different Classes of Customers