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Equivalent Single Discount
A method used in accounting to consolidate multiple trade discounts into one single discount, simplifying the calculation process.
Discount Date
The specified date by which a payment can be made at a reduced rate or a debt settled to avail a discount.
Due Date
The due date is the specified day when a payment, task, or submission is required to be completed or paid.
Remittance
The act of sending money in payment or as a gift.
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