Rebate on the market price for cash payment is called
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The Correct Answer is cash discount
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A cash discount is an incentive offered by a seller to a buyer in exchange for paying a bill before the due date. A cash discount is when the seller reduces the amount owed by the buyer by a modest percentage or a specific monetary amount.
Cash discounts are deductions granted by some retailers and service providers to encourage customers to pay their bills within a certain time frame. Early payment discounts are often known as cash discounts.
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Answer: Discount
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