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Discount Period
A specified time frame during which a discount is offered or can be taken advantage of.
Credit Terms
The conditions under which credit is extended by a seller to a buyer, including the repayment period, discount for early payment, and the due date.
Invoice Price
The amount that appears on an invoice as the cost of buying or procuring a product or service.
Credit Terms
The conditions under which a seller will extend credit to a buyer, specifying the repayment period, interest rate, and consequences of late payment.
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