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Request for Quotation Created Feb 27, 2020 (14:47) by Erika Solovjova

Definition

Request of information (price、 delivery dates、 payment method…) sent to one or several vendors for a required good/service. (PT: orçamento)

Abbreviation(s)

    RFQ

Label(s)

Rebate Created Mar 5, 2020 (09:28) by Erika Solovjova

Definition

A rebate is an amount paid by way of reduction, return, or refund on what has already been paid or contributed that a seller of goods provides to the buyer for various different reasons. For example, to promote high quantity purchases or receive early payments before a certain due date.

Most commonly received annually at the beginning of the period for the previous period.

Label(s)