Business & Accounting Terms : How to Define a Purchase Discount

330 views · Published 29 May 2009 · 0:45 · Indexed 20 September 2026

Channel: ehow · 2009 · Howto & Style

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A purchase discount is an inducement for early payment provided by vendors to people or customers who pay bills ahead of time. Get a percentage off of a purchase pay back by paying in a timely fashion with advice from a certified public accountant in this free video on accounting terms.

Expert: Henry Gutter
Bio: Henry Gutter is a certified public accountant located in El Segundo, Calif.
Filmmaker: Mark Labbato

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