Key Terms Chapter 7 Discounts: Trade and Cash

Cash Discount

Chain Discount

Complement

Credit Period

Discount Period

Due Dates

End of Credit Period

End of Month (EOM)

FOB Destination

FOB Shipping Point

Freight Terms

Invoice

List Price

Net Price

Net Price Equivalent Rate

Ordinary Dating

Receipt of Goods (ROG)

Series Discounts

Single Equivalent Discount Rate

Single Trade Discount

Terms of the Sale

Trade Discount

Trade Discount Amount

Trade Discount Rate