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Skontofrist

discount period (deadline for early-payment discount)

noun SKON-to-frist Rare
People & Society Money

Usage Note

Skontofrist refers to the time window within which a buyer may pay an invoice at a reduced rate. A typical invoice reads 'Zahlung innerhalb von 10 Tagen mit 2 % Skonto', meaning 2 % is deducted if paid before the deadline.

Examples

"Die Skontofrist beträgt in diesem Angebot zehn Tage ab Rechnungsdatum."

Natural Translation

The discount period in this offer is ten days from the invoice date.

Literal Translation

The discount-deadline amounts in this offer ten days from invoice-date.

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