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A blind discount is defined as the difference in cost between the listed cash price for equipment and the reduced financed amount. It can also be the difference between the list price of a ca and a lower interest rate.

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Vickie Schuster

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Q: What is a discount?
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Related questions

What is the difference between discount allowed and discount received?

discount allowed means the discount which is given by a seller to the buyer. and discount received means the discount received by the seller for purchases made


What is the difference between discount allowed and discount received and their accounting treatment?

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One can get some form of discount from a property company. The discount may come in the form of dinning discount, restaurant discount, auto insurance discount, etc.


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when debentures are issued at discount, it is prudent to write off the discount


When debentures are issued at a discount it is prudent to write off the discount?

when debentures are issued at discount, it is prudent to write off the discount


What is Kohl's employee discount?

The discount is the basic discount available to the general customers.


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Define quantity discount trade discount and cash discount and explain the importance of discount for the business in terms of marketing?

quantity discount and trade discount are the same thing. it is used when the dealer wants to sell in bulk. while cash discount is given when he wants prompt payment.


Bring out the difference between trade discount and cash dicount?

Cash discount is the discount in amount in accounts payable while trade discount is on sales price discount which is not recorded in business books and transaction is recorded at discount price.


Price paid after the discount is subtracted is called?

Price paid after the discount is subtracted is called the discount price. This is also commonly referred to as the net price.