noun a discount from the list price of a commodity allowed by a manufacturer or wholesaler to a merchant Found on https://www.encyclo.co.uk/local/20974
A trade discount is the reduction in price a?manufacturer?or wholesaler gives a wholesaler or retail when they buy a product or group of products. In other words, a trade discount is a certain percentage a manufacturer is willing to reduce its list price for wholesalers or retailers. Found on https://www.myaccountingcourse.com/accounting-dictionary/accounting-diction