Sales Discount

Business / Accounting / Sales Discount: A reduction in the selling price that is allowed if payment is received within a specified period.

Other Words for Discount

Discount Verb Synonyms: diminish, lessen, minimize, detract from
Discount Adjective Synonyms: reduce, mark down, deduct, lower, take or knock off
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Gross Sales

Business / Accounting / Gross Sales: Total recorded sales before deducting any sales discounts or sales returns and allowances. MORE

Net Sales

Business / Accounting / Net Sales: Gross sales less sales discounts and sales returns and allowances. MORE

Prompt Payment Discounts

Business / Finance / Prompt Payment Discounts: Discounts that a business gives to credit customers who pay within a specified period of time; also called sales discounts. On an income statement, this amount is subtracted from Gross Sales to yield MORE

Purchase Discount

Business / Accounting / Purchase Discount: A reduction in the purchase price, allowed if payment is made within a specified period. MORE

Price-To-Sales Ratio

Business / Taxes / Price-To-Sales Ratio: A price-to-sales ratio, or a stock's market price per share divided by the revenue generated by sales of the company's products and services per share, may sometimes identify companies that are underv MORE

Price-Sales Ratio

Business / Finance / Price-Sales Ratio: Determined by dividing current stock price by revenue per share (adjusted for stock splits). Revenue per share for the P/S ratio is determined by dividing revenue for past 12 months by number of share MORE

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