cash discount

noun

1. a term of sale by which the buyer deducts a percentage from the bill if it is paid immediately in cash or within a stipulated period by check or cash.
2. the amount deducted.

cash discount

noun

1. a discount granted to a purchaser who pays before a stipulated date

Word History and Origins

Origin of cash discount¹

First recorded in 1915–20

Example Sentences

Cash discount cards like those offered by GoodRx can give customers a price break on out-of-pocket costs for some prescriptions, depending on the person’s coverage and the drug.

From Washington Times

The company will start offering it next year to some third-party cash discount card administrators.

From Washington Times

“In sum, the reasonable inference to be drawn from a totality of the evidence in this case is that the officers thought they were purchasing legal firearms at a cash discount, and not acquiring stolen guns,” prosecutors wrote.

From Los Angeles Times

Best Buy gifts cards obviously aren’t as good as a cash discount, but once factored in, it’s like getting this gargantuan, but very thin TV for $2,100.

From The Verge

The White House, it says, insisted that the industry pay for $100 cash discount cards to be mailed to Medicare enrollees ahead of the November election.

From Los Angeles Times