A reduction from the list price that a seller gives a buyer as a reward for some activity of the buyer that is favorable to the seller is called

Name: A reduction from the list price that a seller gives a buyer as a reward for some activity of the buyer that is favorable to the seller is called
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A discount is a reduction from the list price given by a seller to a buyer as a reward for some activity that benefits the seller, such as purchasing in bulk or paying early.

A Reduction from the List Price That a Seller Gives