A term used in both Finance and Investment contexts, referring to points where pricing structures change due to volume discounts or significant drops in market prices, among other uses.
A Volume Discount is a pricing strategy where a seller offers a lower price per unit of a product when purchased in larger quantities. This encourages buyers to purchase more to gain the benefit of lower unit costs.
Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.