Discounts from quoted prices which are contingent on prompt payment of invoices, within a stated discount period, are called cash discounts.

Name: Discounts from quoted prices which are contingent on prompt payment of invoices, within a stated discount period, are called cash discounts.
Brand: Quizplus
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Cash discounts are discounts given to customers who pay their invoices within a specified period of time. These discounts are often referred to as prompt payment discounts or early payment discounts.

Discounts from Quoted Prices Which Are Contingent on Prompt Payment