Business and Personal Finance Dictionary

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• DISCOUNT CERTIFICATES - certificates of deposit that are offered at an issue price that is less than th...
  
  
• DISCOUNT FACTOR - Present value of $1 received at a stated future date.
  
  
• DISCOUNT INTEREST - Interest at a beginning of the loan. For example if you take out a one-year loan of...
  
  
• DISCOUNT LOAN - a loan on which the interest and/or charges are deducted from the face amount of the lo...
  
  
• DISCOUNT MORTGAGE BROKER - A mortgage broker who claims to be compensated entirely by the lender rather...
  
  
• DISCOUNT NOTE - . Non-interest-bearing note sold at a discount and maturing at par. A U.S.Treasury Bill...
  
  
• DISCOUNT NOTES - see Federal Home Loan Bank discount notes.
  
  
• DISCOUNT PAYMENT - The difference between the face value and the price paid for a security.
  
  
• DISCOUNT PERIOD - The period during which a customer can deduct the discount from the net amount of the...
  
  
• DISCOUNT POINT - When you take out a mortgage, your lender may charge you points. Each point costs 1 pe...