Found 1 hit - Term: true discount, Database: *, Strategy: prefix
- [1] : The Collaborative International Dictionary of English v.0.48
discount \dis"count`\, n. cf. f. d'ecompte. see discount,
v. t.
1. 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.
1913 webster
2. a deduction made for interest, in advancing money upon, or
purchasing, a bill or note not due; payment in advance of
interest upon money.
1913 webster
3. the rate of interest charged in discounting.
1913 webster
at a discount, below par, or below the nominal value;
hence, colloquially, out of favor; poorly esteemed;
depreciated.
bank discount, a sum equal to the interest at a given rate
on the principal face of a bill or note from the time of
discounting until it become due.
discount broker, one who makes a business of discounting
commercial paper; a bill broker.
discount day, a particular day of the week when a bank
discounts bills.
true discount, the interest which, added to a principal,
will equal the face of a note when it becomes due. the
principal yielding this interest is the present value of
the note.
1913 webster
see also:
discount at a discount bank discount discount broker discount day true discount
Results 1 - 7 of 7 found about true discount: Discount
>> D Words
Discount, definition of term: Discount
discount_pag1.html True
>> T Words
True, definition of term: True
true_pag1.html True Bill
>> T Words
True Bill, definition of term: True Bill
true+bill_pag1.html Discount Store
>> D Words
Discount Store, definition of term: Discount Store
discount+store_pag1.html Discount House
>> D Words
Discount House, definition of term: Discount House
discount+house_pag1.html Discount Rate
>> D Words
Discount Rate, definition of term: Discount Rate
discount+rate_pag1.html Trade Discount
>> T Words
Trade Discount, definition of term: Trade Discount
trade+discount_pag1.html
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