discount

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discount,

in banking and investment, fee for lending money, which the banker deducts from the loan when it is given. Thus, with a $1,000 loan at a 6% discount, the borrower receives $940 and repays $1,000. Unlike a discount, interestinterest,
charge for the use of credit or money, usually figured as a percentage of the principal and computed annually. Simple interest is computed annually on the principal.
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 is paid periodically. Central banks, as in the U.S. Federal Reserve SystemFederal Reserve System,
central banking system of the United States. Established in 1913, it began to operate in Nov., 1914. Its setup, although somewhat altered since its establishment, particularly by the Banking Act of 1935, has remained substantially the same.
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, charge a discount when lending notes to member banks. Such a fee is often called a rediscount. When bills of exchange are cashed in advance, a percentage is discounted from the price they would bring at maturity. When securities are sold at less than par, they are said to be sold at a discount. Trade discount is a deduction from the list price. Discounts from transportation rates are called rebates. Certain banks specializing in banks' and bankers' acceptances, U.S. Treasury certificates of indebtedness, U.S. bonds approaching maturity, U.S. Treasury bills, and other high-quality, short-term credit obligations call themselves discount corporations.

discount

[′dis‚kau̇nt]
(industrial engineering)
A reduction from the gross amount, price, or value.

discount

1. at a discount
a. below the regular price
b. (of share values) below par
c. held in low regard; not sought after or valued
2. offering or selling at reduced prices
References in periodicals archive ?
By contrast, discounters Lidl and Aldi continue to enjoy strong sales growth and eat into the established players' dominance.
Tire Discounters is following in the footsteps of Fortune 500 companies, like Pure Genius and Google, as it dedicates resources to talent management.
It said the drop in cost was a direct result of the battle between the discounters and the traditional supermarkets, pulling prices down for all consumers.
Price matching may have the effect of highlighting to shoppers just how much cheaper the discounters are.
Sainsbury's are fighting back by - investing in Netto's return to the UK - four years after the Danish discounter sold up here.
Sainsbury's is fighting back by investing in Netto's return to the UK, four years after the Danish discounter sold up here.
26 percent of shoppers plan to use food discounters more in the coming year
Now in its loth year, the rankings - which detail the 5o biggest British grocery retailers that are more than 50% owned by management or family - include 26 names not seen on the original Top 50 list, as sellouts and receiverships among leading independents have been accompanied by the march of discounters including Wilkinson, 99p Stores and most recently Poundstretcher, into grocery retail.
Sales through discounters are forecast to increase by only 12 percent in western Europe in constant currency terms between 2009 and 2014 and to decline by two percent in Germany.
Meanwhile, the research showed discounters have had their growth curtailed, with Aldi up 8.
Last week, the mattress specialty retailer signed a letter of intent to purchase Mattress Discounters, the specialty retailer based in Upper Marlboro, Md.
Discounters face challenges as legacy airlines lower costs.