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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 ...it happens on a single purchase...when comes to rebate .....it 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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S.P.SIVAKUMAR

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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vivek

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 agreement.it 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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N.Suresh

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 everygoods 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.

Regards
shiva

  
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