What is the term for a reduction in the amount of a bill when a specified minimum quantity of merchandise has been ordered?

The term for a reduction in the amount of a bill when a specified minimum quantity of merchandise has been ordered is known as a quantity discount. This type of discount is designed to encourage customers to purchase larger quantities of merchandise, which can help businesses increase their sales volume and manage inventory more effectively. Quantity discounts are often used in various industries, including funeral service merchandising, to incentivize orders that surpass a certain threshold, benefiting both the seller and the buyer through reduced pricing and potential cost savings.

Bulk discount and volume adjustment could also imply reductions based on increasing order sizes, but quantity discount is the more specific term typically used in this context. A merchandise rebate usually refers to a return of a portion of the purchase price after the fact, rather than an upfront discount based on quantity.