quantity discount

quantity discount definition - business

quantity discount

A reduction in price per unit for orders that meet minimum quantity standards established by the seller. A quantity discount may apply to a single order or to a series of orders placed within a certain period. Also called volume discount.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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