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One who is in possession of a negotiable instrument that is drawn,issued,or indorsed to him or to his order or that is indorsed in blank is a(n) :
Trade Discount
A deduction from the list price of goods agreed upon by the seller and the buyer, typically offered by suppliers to retailers.
Trade Discount
A reduction granted by a supplier on the list or catalog prices of goods or services, often based on the volume of transactions.
Trade Discount
A reduction in the retail price of goods, granted by the wholesaler or manufacturer to the retailer for the purpose of resale.
Trade Discount
A reduction from the list price granted by a seller to a buyer, typically for bulk purchases or to business customers in a particular industry.
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