Business and Personal Finance Dictionary

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• DISCOUNT POINTS - One discount point is equal to 1 percent of your loan amount. On a 100,000 mortgage l...
  
  
• DISCOUNT POINTS (OR POINTS) - The amount paid either to maintain or lower the interest rate charged. Ea...
  
  
• DISCOUNT POINTS (VA) - Additional points you can pay a lender to lower the interest rate on your loan a...
  
  
• DISCOUNT RATE - 1.The percentage rate applied to the redemption value of a security in order to calcula...
  
  
• DISCOUNT RATE (CAPITALIZATION RATE) - Interest rate used to convert future values to present values.
  
  
• DISCOUNT REAL ESTATE BROKER - A licensed real estate broker who charges a commission at a lower rate.
  
  
• DISCOUNT SECURITIES - 1. Securities that do not pay periodic interest. Investors earn the difference be...
  
  
• DISCOUNT WINDOW - a figurative expression referring to the Federal Reserve facility for extending credi...
  
  
• DISCOUNT YIELD - The yield or annual interest rate on a security sold to an investor at a discount. A b...
  
  
• DISCOUNT-RATE MORTGAGE - A mortgage with a guaranteed reduction in the variable mortgage rate (say, 2% ...