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.
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.
Please include a link to this page if you have found this material useful for research or writing a related article. Content on this website is from high-quality, licensed material originally published in print form. You can always be sure you're reading unbiased, factual, and accurate information.
Highlight the text below, right-click, and select “copy”. Paste the link into your website, email, or any other HTML document.
User Comments Add a comment…