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Trade discounts are given to try to increase the volume of sales being made by the supplier. The discount described as trade rate discount is sometimes called "trade discount". Trade discount is the discount allowed on retail price of a product or something. for e.g. Retail price of a cream is 25 and trade discount is 2% on 25.
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The timetable for the October 2022 leadership election was much shorter than the July one. An expedited process was set out; candidates were required to obtain 100 nominations from fellow Conservative MPs before 2 pm on 24 October, and an MPs' ballot followed by a online members' ballot was to be held shortly thereafter if more than one candidate received more than 100 nominations.
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