Online Encyclopedia

Search over 40,000 articles from the original, classic Encyclopedia Britannica, 11th Edition.

DISCOUNT

Online Encyclopedia
Originally appearing in Volume V08, Page 312 of the 1911 Encyclopedia Britannica.
» Make a correction to this article.
» Add information or comments to this article.
Spread the word: del.icio.us del.icio.us it!

DISCOUNT . (I) A See also:

money-See also:market See also:term for the See also:price paid in See also:order to obtain immediate realization of a See also:bill not yet due. If a bill for £xoo due six months hence is discounted at the See also:rate of 3 % per annum, its holder will obtain £q8, See also:ros. in See also:cash for it. (2) A Stock-See also:Exchange term applied to a See also:security, not fully paid, which has fallen below its issue price, and so is said to stand at so much discount. See See also:PREMIUM.

End of Article: DISCOUNT

Additional information and Comments

There are no comments yet for this article.
» Add information or comments to this article.
Please link directly to this article:
Highlight the code below, right click, and select "copy." Then paste it into your website, email, or other HTML.
Site content, images, and layout Copyright © 2006 - Net Industries, worldwide.
Do not copy, download, transfer, or otherwise replicate the site content in whole or in part.

Links to articles and home page are always encouraged.

[back]
DISCLAIMER 		[next]
DISCOVERY

Site © 2006 - Net Industries