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Time-Price Differential |
Also found in: Financial | 0.02 sec. |
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A method whereby a seller charges one amount for the immediate cash payment of merchandise and another amount for the same item or items when payment is rendered at a future date or in installments. The immediate payment price is called the cash-price; the later price is known as the time-price or credit-price. The time-price differential is the difference between the two prices. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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