Discount Payment of less than the full or regular amount of the price for goods or services or less than the amount due on a promissory note.
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Discount
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Discounting: The procedure used to convert periodic income and reversions into present value: based on the assumption that benefits received in the future are worth less than the same benefits received now.
DISCOUNT - A set off, or defalcation in an action.
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, ...
Illiquidity Discount: A discount in the value of an interest in a business because of legal restrictions on the resale of such interest.
Impaneling: Selecting a jury from the list of potential jurors.
Discount
Is an ARM with an initial discount, the lender gives up a number of percentage points of interest to give you a lower rate and lower payments for part of the mortgage term.
discount point 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. In an ARM with an initial rate ...
discount
n. the payment of less than the full amount due on a promissory note or price for goods or services.
Bill discounting:
Bill discounting is a major activity with some of the smaller Banks.
Discount
Definition - Noun
: a reduction made from the gross amount or value of something: as
a : a reduction made from a regular or list price or a proportionate deduction from a debt account usu. made for prompt payment or for payment in cash ...
Discount Points
An added loan fee charged by a lender to make the yield on a lower than market value loan competitive with higher interest rate loans. One point is equal to one percent of the loan.
Discount Rate ...
Discounts and advances gave the lie direct to the critics who averred that the assistance of the bankers to trade was not what it should be. Discounts and advances together showed the very satisfactory increase of 826,233,000, or nearly 112.
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rebate
1) n. a discount or deduction on sales price. A secret rebate giv...
rebuttable presumption
n. since a presumption is an assumption of fact accepted by the c...
He usually receives directly, or tbrough subordinate officers, all moneys and notes of the bankdelivers up all discounted notes and other securities, ...
Without risk, future income is discounted by using a risk-free interest rate. Risks include unexpected competition, unauthorized copying, patent breaches or invalidation, and loss of trade secrets.
Discounting commercial paper for its customers;
Dealing in exchange and in gold and silver coin and bullion;
Collecting notes and drafts deposited;
Arranging credits for itself with banks in other towns, cities and countries; ...
On most ARMs, the rate starts out fixed at a discount for an initial period, such as five years. Then it's reset (typically upward) on the adjustment date to reflect current market rates.
Yield Capitalization: A capitalization method used to convert future benefits to present value by discounting each future benefit at an appropriate yield rate or by developing an overall rate that reflects the investment's income pattern, ...
Present Value: The value of a future payment or series of future payments discounted to the current date or to time period zero.
Primary Caretaker: The parent who provides majority of the child's day to day care.
Lump Sum Settlement
Arrangement whereby the entire amount of compensation due to an employee or injured party is paid at one time, often at a discount.
M ...
Term: Lump Sum Settlement
Definition: Arrangement whereby the entire amount of compensation due to an employee or injured party is paid at one time, often at a discount.
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