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Question: 51 of 69

what is the difference between rebate and discount?

Asked by: Interview Candidate | Asked on: Oct 6th, 2006
Showing Answers 1 - 9 of 9 Answers
Praveen Akolkar

Answered On : Oct 9th, 2006

Rebate is a partial repayment, whereas a refund is a repayment of the total purchase price Discount is reduction in Price

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ram sharam

Answered On : Oct 10th, 2006

Discount means happens on a single purchase...when comes to rebate happens on only after some particular period of time.

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Sujit Telang

Answered On : Oct 19th, 2006

Rebates are retrospective in nature with a specific time frame or other conditions like Sales Volume, Sales Quantity attached to it.

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Answered On : Nov 11th, 2006

Rebate:an incentive to be given to a customer .clubbed with qty purchased by a customer within the period specified (say one month)-conditional.Discount:unconditional,to be given to a customer on account of heavy purchase by one single billing.-From the price List(Base price).

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Answered On : Nov 13th, 2006

reabte is a discount which is settled ate the end of  a perod of a contract or an agreement.discounts normally given anytime.

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Prashant Deo

Answered On : Dec 1st, 2006

Rebate is basically Discuont on turover,means if u buy 3 shirts u will get discount of 20%,whereas if the no of shirts het reduced the discount will get reduced.Discount doesnt depends upon the turover,it is fixed.and can only differ from customer to customer.

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prabhakar bheemineni

Answered On : Dec 1st, 2006

Rebate is a retroactive is given to a partial payment to perticular secheduled time.(1yr or 3 Yr).discount is given at a time to the customer.

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Answered On : Apr 30th, 2007

Rebate is given for the purchase of specified quantity or on the volume of the sales over a given period of time .Discount is given on every goods purchased by the customer

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Rebate is a kind of a discount which is paid to the customer over period of time based on certain sales.This can be customised with help of aggreement type,but where as discount is paid immeditely.Regardsshiva

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