Definitions for "Discount Fee"
The amount earned by a factor on each invoice purc... more
The fee the Factor charges for funding a client's A/R. (Also known as the Factoring Fee.)
A fee quoted as a percentage of the transaction amount.
To negotiate a lower interest rate.
Sometimes referred to as "points", this is the amount payable to the lending institution by the borrower to increase the lender's effective yield. This fee results in a lower interest rate for the borrower.
In an ARM with an initial rate discount, the lender gives up a number of percentage points in interest to give the borrower a lower rate and lower payments for part of the mortgage term (usually for one year or less). After the discount period, the ARM rate will probably go up depending on the index rate.