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Match the following terms with their definitions. 1. List price minus net price 2. Two or more trade discounts 3. Savings from early payment 4

Match the following terms with their definitions.

1. List price minus net price
2. Two or more trade discounts
3. Savings from early payment
4 100% less stated percent
5. Time period sellers give buyers to pay invoices
6. Amount of time to take advantage of a cash discount
7. Could be calculated by table look-up
8. Cash discount within first 10 days in next month after sale
9. Seller pays cost of freight
10. Buyer pays cost of freight
11. Suggested retail price
12. List price minus amount of trade discount
13. Actual cost to buyer per dollar
14. 2/10, n/30
15. Discount period begins when goods are received
16. 1 - net price equivalent rate
17. Criteria on invoice

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