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discount

Definition:

(nou) the act of reducing the selling price of merchandise (nou) interest on an annual basis deducted in advance on a loan (nou) a refund of some fraction of the amount paid (nou) an amount or percentage deducted

Phonetic Transcription:

ˈdɪskaʊnt

Examples:

The price of the put is equal to the marketability discount.

The bank needs to cover the discount.

The discount rate is the risk free rate.

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