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discount
(redirected from bank discount)

    Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia 0.09 sec.

discount

Reduction in the price of an item. For example, goods are discounted in price during a sale. Discounting is a form of competition used by companies to increase sales and market share. Discounts can also be given for buying in bulk, and this then becomes a source of economies of scale for the buying organization.

The term is also used to describe the equivalent present value of a sum payable or receivable in the future; for example, if the rate of interest is 5% and the sum of £105 is payable in a year's time, then its discounted present value is £100.
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? Mentioned in ? References in periodicals archive
 
In addition, the estimated asset values were reduced (referred to as a "haircut") as described in the "Federal Reserve Bank Discount and PSR Collateral Margins Table.
The Evolution of the Federal Reserve's Intraday Credit Policies by Coleman, Stacy Panigay / Federal Reserve Bulletin
Canada's leading publisher of investment advice, and National Bank Discount Brokerage, a wholly owned subsidiary of National Bank of Canada, have agreed to a plan that they say will "give investors a dynamic new tool in the never-ending search for profits.
MPL and National Bank Discount join forces by The Newsletter on Newsletters
He is also a member of the Board of Directors of the Montreal Exchange, the Boston Option Exchange and National Bank Discount Brokerage.
Louis Vachon Chairman and CEO of National Bank Financial, Kym Anthony ... by Business Wire
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