What does discounts and allowances mean?
Definitions for discounts and allowances
dis·counts and al·lowances
This dictionary definitions page includes all the possible meanings, example usage and translations of the word discounts and allowances.
Wikipedia
Discounts and allowances
Discounts and allowances are reductions to a basic price of goods or services. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or the list price (which is quoted to a potential buyer, usually in written form). There are many purposes for discounting, including to increase short-term sales, to move out-of-date stock, to reward valuable customers, to encourage distribution channel members to perform a function, or to otherwise reward behaviors that benefit the discount issuer. Some discounts and allowances are forms of sales promotion. Many are price discrimination methods that allow the seller to capture some of the consumer surplus.
Numerology
Chaldean Numerology
The numerical value of discounts and allowances in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of discounts and allowances in Pythagorean Numerology is: 5
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"discounts and allowances." Definitions.net. STANDS4 LLC, 2024. Web. 28 Apr. 2024. <https://www.definitions.net/definition/discounts+and+allowances>.
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