a reduction in the price of goods or services in relation to the standard price. A discount is a selling technique that is used, for example, to encourage customers to buy in large quantities or to make payments in cash. It can also be used to improve sales of a slow-moving line. The greater the purchasing power of the buyer, the greater the discounts that can be negotiated. Some companies inflate original list prices to give the impression that discounts offer value for money; conversely too many genuine discounts may harm profitability.
the difference between the share price of an investment trust and its net asset value
Wiktionary Definition for: Discount
#To deduct from an account, debt, charge, and the like; to make an abatement of; as, merchants sometimes discount five or six per cent for prompt payment of bills.
#To lend money upon, deducting the discount or allowance for interest; as, the banks discount notes and bills of exchange.
#To take into consideration beforehand; to anticipate and form conclusions concerning (an event).
#To leave out of account; to take no notice of.
#To lend, or make a practice of lending, money, abating the discount; as, the discount for sixty or ninety days.
#A reduction in price.
#A deduction made for interest, in advancing money upon, or purchasing, a bill or note not due; payment in advance of interest upon money.
#The rate of interest charged in discounting.
#Of goods, available at reduced prices; discounted.
Ex:''This store specializes in '''discount''' wares.''
#Of a store, specializing in goods at reduced prices.
Ex:''If you're looking for cheap clothes, there's a '''discount''' clothier around the corner.''
Use this template to announce the discount offer. Discount will have more impact if it has a time limit on it. Be specific about the terms and conditions of the discount to avoid any confusion.
If your customer has asked you for the discount on the purchase they have made. And as per the company policy you cant give the discount. Use this template to explain your customer about your pricing policy and the discount given on it.
Members of AFL-CIO unions can now receive a 10% discount on AT&T wireless phone service, along with a $50 savings on new phones and accessories through October 31. Current AT&T/Cingular customers will need to renew their contracts for two years to be eligible for the discount and should give the...
LOS ANGELES -- No Borders, Inc., (OTCBB: NBDR) announced today the consummation of an agreement with Discount Development Services, LLC which will provide and maintain a discount health benefit program for all participating No Borders' customers. Each No Borders' customer will have the opportunity to purchase the DDS discount package...
WEBSTER, Mass.--BUSINESS WIRE--Jan. 11, 1996--The Commerce Insurance Company today announced that it has filed a request with the Massachusetts Division of Insurance to offer a 10 percent automobile insurance discount to drivers with SDIP step 9 or 10 ratings.The company stated that the SDIP discount, if approved, will be combined...
Beginning May 9, the name of Barclays Discount Bank will be changed to Mercantile Discount Bank Ltd. The name was chosen by the management of Israel Discount Bank Ltd. Barclays Discount has a subsidiary by the name of Israel Mercantile Bank, from whi Beginning May 9,...
DISCOUNT mortgages could be a wise option for homebuyers in the current climate, an IFA has said. Paul Monk, partner with Merseyside-based Balmoral Associates, said discount mortgages that reverted to the Bank of England base rate would be cost-effective, as he expected interest rates...
This section lists Canadian stock brokers who serve individual investors. Most of the listing refers to the offices in larger cities. You may also want to check the Yellow Pages in your local area for the nearest branch. Discount brokers are in italics and in bold. More and more discount...
Discount Investments has announced the completion of its sale of 9.5 percent of its parent company, IDB holdings to New York investment house Goldman Sachs for NIS 282 million Discount was very happy with he deal saying it...
Discount Investments has announced the completion of its sale of 9.5 percent of its parent company, IDB holdings to New York investment house Goldman Sachs for NIS 282 million Discount was very happy with he deal saying it was an expression of great faith in the Israeli...
Business Editors/Automotive Writers ROANOKE, Va. & LAKELAND, Fla.--BUSINESS WIRE--Aug. 7, 2001 Advance Auto Parts and Discount Auto Parts, Inc. (NYSE:DAP) announced today that they have signed a definitive agreement for Advance to acquire Discount in a merger transaction. As a result of the merger, Discount shareholders will own...
BOSTON--BUSINESS WIRE--Feb. 16, 1999--Liberty Mutual Group announced today that it has amended the Step 9 driver discount it filed with the Massachusetts Department of Insurance on January 26, increasing the planned discount from 5 percent to 8 percent.
Sep 15, 2003 (Traveltrade - ABIX via COMTEX) Australia's Qantas Holidays has vowed to match the discount prices offered on accommodation discount web sites. The travel service has attracted criticism for its strong stance on discount accommodation brokers, such as Wotif.com.au. QH denies that...
Discount brokers, big and small, are getting into the business of initial public offerings. The discount arm of Fidelity Investments has linked up with Salomon Brothers in the sale of new stocks. Schwab has joined three Wall Street firms in the underwriting field, giving its customers access to offerings. ...
QUINCY, Mass.--BUSINESS WIRE--March 20, 1996--Arbella Mutual Insurance Company has sought the approval of the Commissioner of Insurance for a new discount plan for its auto and homeowners insurance policyholders.The plan, if approved, will offer a 10 percent discount on the base homeowners premium at the time of renewal, if the...
It's really hard to come up with a position that seems fair to both sides, but the recent U.S. Postal Service filing for a discount for palletized second-class mail is clearly going to be the source of considerable argument between large and small publishing companies.
In the days following Sept. 11, the discount window at each Reserve Bank was a hub of activity, helping meet depository institutions' liquidity needs and ensuring that banks were able to complete transactions. While the Federal Reserve discount window typically lends an average of tens of...
The real power behind the new Kmart discount store is the retailer's ability to bring specialty store merchandising concepts into a discount store environment--in a cost-effective manner.
