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 ?
Food Outlets also expressed hope that more citizens will avail the discounted offers, that will help boosting their business.
More players and collectors can be expected to preorder this edition if it were discounted.
However, he added that hotels are expensive to build, and that quality cannot be discounted.
For example, Lemley, Kaplan, Reed, Darden, and Jarmolowicz (2016) found that men discounted beer more than money at small magnitudes, but not at medium or large magnitudes.
In case of any violation, the ministerial decision stipulates that the ministry has the right to cancel the license, to suspend discounted sales for the remaining period, and to remove all related advertising.
Mercedes has discounted 9 million won from the price of its C-Class sedan as well.
During the registration process, select "First-Timer--TEI Members Only" as your registrant type, and you will receive the discounted rate.
For example, it was found that when the regular price was presented in a larger font than the discount price (Coulter & Coulter, 2005), or when the regular price was printed on the left of the display and the discount price was printed on the right (Biswas, Bhowmick, Guha, & Grewal, 2013), consumers perceived the discount magnitude as larger and evaluated the discounted target more favorably because they were able to process the discount information more easily than either when the regular price was presented in a smaller font than the discount price or when the regular price was printed to the right and the discounted price to the left.
The beneficiaries of PWDs can also get discounts for burial and funeral services upon presentation of the deceased's death certificate and PWD identification card, although publication of obituary as well as memorial lot costs will not be discounted.
The mobile locksmith company, which started offering fast and affordable discounted locksmith service in January of 2016, has rapidly grown throughout the United States.
The online shops have also jumped in to the race by offering variety of summer dresses, Jashan-i-Azadi stuff, shoes and other accessories on discounted prices.