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LSDefine

Simple English definitions for legal terms

cash discount

Read a random definition: palming off

A quick definition of cash discount:

A cash discount is when a seller gives a lower price to a buyer who pays with cash right away. It's like a little reward for paying quickly. It can also mean a lower price if the buyer pays by a certain date. This is different from other types of discounts, like when a store has a sale for everyone.

A more thorough explanation:

Definition: A cash discount is a reduction in the price of a product or service offered by a seller to a buyer who pays in cash or within a specified time period. It is a type of discount that encourages customers to pay quickly and helps sellers to improve their cash flow.

Example: A furniture store offers a 5% cash discount to customers who pay for their purchases in full at the time of purchase. For instance, if a customer buys a sofa set worth $1000 and pays in cash, they will only have to pay $950 (i.e., $1000 - 5% of $1000).

This example illustrates how a cash discount works. The seller offers a lower price to the buyer who pays in cash, which benefits both parties. The buyer saves money, and the seller gets paid faster, reducing the risk of bad debts and improving their cash flow.

cash collateral | cash dividend

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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