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imported>Doug Williamson |
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| ''Noun''
| | To discharge a debt by giving or doing something. |
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| In relation to a discount instrument, the difference between the current market price and the redemption amount.
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| 2.
| | More specifically to give money in return for goods or services. |
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| A coupon bond trading in the market ''at a discount'' has a market value less than its par value.
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| | == See also == |
| | * [[Debt]] |
| | * [[Pay down]] |
| | * [[Payee]] |
| | * [[Payment]] |
| | * [[Payor]] |
| | * [[Positive pay]] |
| | * [[Reverse positive pay]] |
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| 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.
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| 4.
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| ''Verb''
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| In relation to a money amount, make smaller. For example, to discount back a future cashflow to a (smaller) present value.
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| 5.
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| ''Verb''
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| 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.
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| == See also ==
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| * [[Bill discounting]]
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| * [[Coupon bond]]
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| * [[Discount house]]
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| * [[Discount instruments]]
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| * [[Discount rate]]
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| * [[Premium]]
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| * [[Spot market]]
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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