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Trade discounts also called functional discounts are?

In: Investing and Financial Markets, Business Accounting and Bookkeeping, Mathematical Finance [Edit categories]

Answer:

yes, trade discounts is also called functional discounts

I wish I could improve this answer since it does not address the actual question of what these discounts are, but I am also looking for that answer, so hopefully someone will actually take the time to read the question before answering it.

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Contributor:

Paul

First answer by ID1190409670. Last edit by Paul Carr. Contributor trust: 0 [recommend contributor ]. Question popularity: 3 [recommend question].

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Relevant answers:

How cash discount differ from trade discount?
Trade discounts are guranteed discounts a business is getting by purchasing from a seller. Cash discounts are OPTIONAL discounts that a buyer gets if they opt to pay their bill (invoice) earlier then...
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