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How to pronounce:
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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