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Trade discounts are given to try to increase the volume of sales being made by the supplier. The discount described as trade rate discount is sometimes called "trade discount". Trade discount is the discount allowed on retail price of a product or something. for e.g. Retail price of a cream is 25 and trade discount is 2% on 25.
America West Airlines was an airline in the United States that operated from 1981 until it merged with US Airways in 2007. It was headquartered in Tempe, Arizona.Its main hub was at Phoenix Sky Harbor International Airport, with a secondary hub at McCarran International Airport in Las Vegas, Nevada, and Port Columbus International Airport in Columbus, Ohio.
The "discount rate" is the rate at which the "discount" must grow as the delay in payment is extended. This fact is directly tied into the time value of money and its calculations. The present value of $1,000, 100 years into the future. Curves representing constant discount rates of 2%, 3%, 5%, and 7%