discount

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discount

n. the payment of less than the full amount due on a promissory note or price for goods or services. Usually a discount is by agreement, and includes the common situation in which a holder of a long-term promissory note or material goods will sell it/them for less than face value in order to get cash now---the difference is the discount.

discount

noun abatement, allowance, amount deeucted, bargain, decessio, decrease, decrement, deductio, deduction, diminution, lower price, markdown, reduction, special price, subtraction
Associated concepts: discount a loan, discount bills, discount notes, trade discount

discount

(Disbelieve), verb be indifferent to, belittle, brush aside, decessio, deductio, depreciate, discredit, disdain, disesteem, disparage, disregard, distrust, doubt, gloss over, harbor suspicions, ignore, make light of, misprize, mistrust, pass over, pay no attention, pay no heed, pay no mind, question, slight, spurn, suspect

discount

(Minimize), verb abate, abbreviate, abridge, allay, attenuate, condense, curtail, deflate, detract, diminish, lessen, minimalize, pare, reduce, render less, scale down, shorten, underestimate, understate, undervalue

discount

(Reduce), verb abate, allow a margin, cut, decrease, deduct from, depreciate, detract, lower, lower the sale price, make allowance for, mark down, rebate, reeuce the mark-up, sell below par, slash prices, strike off, subduct, subtract, take from, take off, underprice, undersell, undervalue
See also: brokerage, deduct, deduction, depreciate, diminution, discredit, disparage, drawback, except, exclude, lessen, minimize, rebate, reduce, refund, reject

DISCOUNT, practice. A set off, or defalcation in an action. Vin. Ab. h.t. DISCOUNT, contracts. An allowance made upon prompt payment in the purchase of goods; it is also the interest allowed in advancing money upon bills of exchange, or other negotiable securities due at a future time And to discount, signifies the act of buying a bill of exchange, or promissory note for a less sum than that which upon its face, is payable.
     2. Among merchants, the term used when a bill of exchange is transferred, is, that the bill is sold, and not that it is discounted. See Poth. De l'Usure, n. 128 3 Pet. R. 40.

References in periodicals archive ?
We now examine the effects of changing the distribution of discount factors.
We assume that the alcohol discount factor is given by the following equation: [delta](a) = 1/(1 + a).
The results reported in columns 2 and 3 under the heading High serial correlation discount factor increase the serial correlation coefficient from the baseline value of 0.
Thus, the critical discount factor is defined as the lowest discount factor that supports the optimal bidding scheme found in section 3.
The meaning of the coefficients, as we have said before, is a discount factor that implies a discount rate.
The stochastic discount factor of agent i is now a well-defined function of observables (wealth and income), namely
With the IES held fixed at 1, those preferences imply a stochastic discount factor whose logarithm is
Accordingly, in this article, the discount factor is considered high if [delta] [greater than or equal to] 9/17, and low if [delta] < 9/17.
The constant [gamma] [member of] [0, 1] is a discount factor that allows to control the influence of future rewards.
Looking at this in another way, it is the discount factor that is used to produce a project net present value of zero.
where [beta] is the annual discount factor in the benchmark economy.
In particular, as regards the discount factor used to determine the net present value of the pension obligations, the Commission was satisfied that the choice of the discount factor was made with reference to market rates and based on international accounting standards.