Conceptcascading discount
Successive Discount
A discount calculation method in which multiple discounts are applied in sequence to the progressively reduced amount, differing from simple addition of percentages; it is common in tiered supplier concession quotations.
Timeline (last 90 days)
Oct 19
Chained discounts mean multiple discounts are applied in sequence to the successively reduced amount rather than adding the percentages together; for example, 10+5 means a 10% discount followed by a 5% discount, for an actual discount rate of 14.5%, lower than the intuitive 15%.
Unverified50%