To deduct from an account, debt, charge, and the like; to make an abatement of; as, merchants sometimes discount five or six per cent for prompt payment of bills.
To lend money upon, deducting the discount or allowance for interest; as, the banks discount notes and bills of exchange.
A counting off or deduction made from a gross sum on any account whatever; an allowance upon an account, debt, demand, price asked, and the like; something taken or deducted.
A deduction made for interest, in advancing money upon, or purchasing, a bill or note not due; payment in advance of interest upon money.
Dollar amount taken off your bill, usually because of a contract with your hospital or doctor and your insurance company.
An amount paid to a lender to increase the yield on a mortgage. Often referred to as "discount points"; one "point" is equal to one percent of the loan amount in question.
Normally paid at closing and generally calculated to be equivalent to 1% of the total loan amount, discount points are paid to reduce the interest rate on a loan. The purpose of a discount is to adjust the yield upward either in lieu of interest or in addition to interest. Discount points are payable to the lender by the borrower or seller to increase the lender's effective yield.
a refund of some fraction of the amount paid
The rate of interest charged in discounting.
The rate at which Banks borrow from the Federal Reserve Bank.
A mortgage which has an interest rate below the lender's standard variable rate (SVR), Bank Base Rate or Libor rate, typically for the first few months or years of the loan. The rate payable may move up and down, but the discount on SVR remains constant.
A one time charge assessed by the lender to lower the rate at which the lender would otherwise offer financing. One point is equal to 1% of the loan amount.
A variable that will result in the cost of your auto insurance to be lower. An alarm system and/or good driving record are two examples of items that will result in discounts.
A reduction in the cost of your auto insurance premium. Insurance companies offer discounts for everything from a teenage driver's good grades to a car's safety equipment including airbags, an anti-lock brake system and a security alarm.
A premium may be lowered if the the insured party meets certain requirements.
A premium may be lowered if the the auto or driver meets certain requirements. Ex. anti-theft device or drivers education.
1 ) The sale of a mortgage for less than the principal balance thereby effecting an increase in the percentage of interest paid on the investment. 2) In appraising, the valuation of the present worth of an income stream at a specific interest rate.
a remark designed to reduce your partner's self worth
The difference between what an item is worth and what someone requires you to pay for it.
a rate of exchange lower than the spot rate expressed in terms of percentage per annum or points on which a dealer buys or sells foreign exchange for forward delivery
In foreign exchange, the term refers to a situation where a currency can be bought more cheaply for a future date (using a forward contract) than for immediate (spot) delivery.
For example, in foreign exchange the term refers to a situation where a currency can be brought more cheaply for a future date than for immediate delivery. For example if STG 1 buys AUD 2.0650 for delivery now, while it buys AUD 2.0690 for delivery 1 month hence the AUD is said to be at a discount against sterling. In foreign exchange quotations, the existence of a discount is normally signified by the bank's selling margin (quoted first) being below the buying margin eg. 30/40.
A fee assessed to a merchant for services and payment of credit drafts
Interest withheld when a note, draft or bill is purchased.
Discount was a punk rock band from Vero Beach, Florida that formed in 1995 and disbanded in 2000. They released three full length albums, several EPs, and two b-side collections. Members have gone on to form The Kills, The Kitchen, Black Cougar Shock Unit, Unitas, the Routineers, The Draft, and Monikers.