Discount and Pay: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
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1.
1.  


''Noun''
To discharge a debt by giving or doing something. 


In relation to a discount instrument, the difference between the current market price and the redemption amount.


2.


2.
More specifically to give money in return for goods or services.  


A coupon bond trading in the market ''at a discount'' has a market value less than its par value.


== See also ==
* [[Debt]]
* [[Pay down]]
* [[Payee]]
* [[Payment]]
* [[Payor]]
* [[Positive pay]]
* [[Reverse positive pay]]


3.
[[Category:Cash_management]]
 
[[Category:Liquidity_management]]
A foreign currency trading ''at a discount'' in the forward foreign exchange market is weaker in the forward market than in the spot market.
 
 
4.
 
''Verb''
 
In relation to a money amount, make smaller.  For example, to discount back a future cashflow to a (smaller) present value.
 
 
5.
 
''Verb''
 
In relation to financial instruments, to exchange an instrument with a future maturity date, for a 'discounted' market value today.  Today's market value being smaller than the redemption amount (receivable at maturity) by the amount of the discount.
 
 
== See also ==
* [[Bill discounting]]
* [[Coupon bond]]
* [[Discount house]]
* [[Discount instruments]]
* [[Discount rate]]
* [[Premium]]
* [[Spot market]]

Latest revision as of 21:17, 1 July 2022

1.

To discharge a debt by giving or doing something.


2.

More specifically to give money in return for goods or services.


See also