BNET Business Dictionary
Business Definition for: Discount
- 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.''
Additional Resources
- Mercantile Discount Bank unveiled. (Barclays Discount Bank to change name to Mercantile Discount Bank)
- 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,...
- Research articles 1993-04-30
- Discount buying Discount. (Israel Discount Bank to acquire 9.09% of Israel Discount Bank of New York) (Banking, Finance and Insurance)
- Discount Buying Discount Israel Discount Bank is to acquire 9.09 percent of the shares of subsidiary Israel Discount Bank of New York. The stock is to be purchased from the PEC Israel Economic Corporation a subsidiary of the IDB Development Corp. ...
- Research articles 1991-12-27
- Big increase in discount stores as recession bites in affluent areas
- Thursday, 03 September 2009 Discount retailers have increased by 60% during the last two years, according to new research by the Local Data Company backed by the British Property Federation BPF.Just under half of the 1,423 discount stores across Great Britain are in London and the south-east and for every...
- News items 2009-09-03
- Fight for Barclays Discount continues. (Barclays Discount Bank)
- The fight for control of Israel's Barclays Discount Bank is continuing. Both British businessman Bernard Schreier and Israel Discount Bank are vying to buy the equity in Barclays Discount currently held by Britain's Barclays Bank. The British bank wa The fight for control of Israel's Barclays...
- Research articles 1993-02-05
- IDB and Schreier vie for Barclays Discount. (Israel Discount Bank Ltd., Bernard Schreier, Barclays Discount Bank Ltd.)
- Israel Discount Bank is interested in purchasing Britain's Barclays Bank's holdings in Barclays Discount Bank Ltd. British Barclays controls roughly 50 percent of the Israeli Barclays Discount. The rest of the shares are owned by Israel Discount. It is estimated that Israel Discount plans to pay...
- Research articles 1992-12-18
- How To Discount Cashflows With Time-Varying Expected Returns
- While many studies document that the market risk premium is predictable and that betas are not constant, the dividend discount model ignores time-varying risk premiums and betas. A model is developed to consistently value cashflows with changing risk-free rates, predictable risk premiums and conditional betas in the context of a...
- White papers 2003-10-01
- Schreier vs. Israel Discount. (Bernard Schreier vies with Israel Discount Bank Ltd. to purchase Barclays Discount Bank)
- The Bank of Israel still has not reached a decision regarding who will purchase the British share of Barclays Discount -- British businessman Bernard Schreier or Israel Discount Bank. Schreier has proposed to buy British Barclay's holdings in the ban The Bank of Israel still has...
- Research articles 1993-01-01
- Discount shopping for closed-end funds.(Statistical Data Included)
- Discount shopping for closed-end funds WORLD EQUITY DISCOUNT Fund ...
- Research articles 1999-08-16
- Schreier sues Israel Discount Bank. (Bernard Schreier wants half of Mercantile Discount Bank's shares that Israel Discount Bank bought)
- British businessman Bernard Schreier has told his Israeli representatives to sue the Israel Discount Bank. He is demanding that the bank turn over 50 percent of Mercantile Discount Bank shares to him. He claims the British Barclays Bank, which sold British businessman Bernard Schreier...
- Research articles 1994-12-16
- KILL BW1031, FL-DISCOUNT-AUTO-PARTS and KILL BW1112, CQN-FL-DISCOUNT-AUTO
- Please KILL BW1031, (FL-DISCOUNT-AUTO-PARTS) Discount Auto Parts, Inc. Reports Fiscal 1999 Third Quarter Results, which ran on Business Wire at 7:02 ET on 03/23/1999. Also KILL the CORRECTION, BW1112, (CQN-FL-DISCOUNT-AUTO) Correcting Tabular Information in Condensed Consolidated Balance Sheets, which ran on Business Wire at 8:42 ET on 03/23/1999. ...
- Research articles 1999-03-23
- Target Rethinks Food as Perishables Test in Minneapolis Discount Stores
- Target may have gone light on supercenters in its latest round of store openings, but it is pressing another big food initiative, testing a recently announced perishable food expansion in discount stores at two locations, one in Minneapolis and the other in the city’s suburb of Ridgedale. ...
- Blog posts 2009-03-03
- The Discount Window: Time for Reform?(Federal Reserve's discount window)
- For many years, the Federal Reserve's discount window has played an important role in monetary policy. Discount window borrowing helps individual depository institutions manage their reserve accounts in the presence of unexpected deposit and paymen For many years, the Federal Reserve's discount window has...
- Research articles 2000-03-22
- Bank of Israel seeks to cancel Barclays deal. (Israel Discount Bank Ltd.'s acquisition of Mercantile Discount Bank Ltd. from Barclays Bank PLC)
- The Bank of Israel has appealed to the Israeli Supreme Court to set aside the deal in which Israel Discount Bank Ltd IDB gained full control of Mercantile Discount Bank Ltd. In that deal, IDB bought out Barclays Bank plc's 50 percent holding in Bar The...
- Research articles 1993-07-30
- Farmers Offers New Discount To Customers In Tennessee; Farmers to Offer Home Discount to Life Insurance Customers
- Business Editors BRENTWOOD, Tenn.--BUSINESS WIRE--April 20, 2004 Farmers Insurance customers may qualify for a special discount on Home insurance when they also have a Farmers New World Life Insurance Company policy. The Home Life Discount is similar to the Auto Life discount already offered to Farmers auto customers....
- Research articles 2004-04-20
- Farmers Insurance Offers New Discount to Customers in Arkansas; Farmers to Offer Home Discount to Life Insurance Customers
- Business Editors LITTLE ROCK, Ark.--BUSINESS WIRE--May 28, 2004 Farmers Insurance customers may qualify for a special discount on Home insurance when they also have a Farmers New World Life Insurance Company policy. The Home Life Discount is similar to the Auto Life discount already offered to Farmers auto...
- Research articles 2004-05-28
- Discount wants to hold Mercantile shares.(Israel Discount Bank, Mercantile Discount Bank)
- Israel Discount Bank IDB has made a formal request to the Bank of Israel to allow it to hold shares of the Mercantile Discount Bank. The application was made following a recent decision by the Supreme Court that IDB's purchase of 50 percent of Mercantile Discount ...
- Research articles 1994-09-09
- Introducing Medicare-Approved Drug Discount Cards
- Medicare is contracting with private companies to offer Medicare-approved drug discount cards. People can choose one of the discount cards offered by these private companies, to help them save on outpatient prescription drugs. Medicare can help them compare their options before they choose a card. Private companies might also send...
- White papers 2004-04-01
- The response of market interest rates to discount rate changes.
- IT IS WELL-ESTABLISHED that discount rate changes of the same size can have markedly different effects on market interest rates. Studies of such effects, starting with Thornton (1982), have generally divided discount rate changes into two groups: &qu IT IS WELL-ESTABLISHED that discount rate changes of...
- Research articles 1992-07-01
- Is the discount window necessary? A Penn Central perspective.
- IN RECENT YEARS, ECONOMISTS have come to question the desirability of granting banks the privilege of borrowing from the Federal Reserve's discount window. The discount window's detractors cite several disadvantages. First, the Fed's control over IN RECENT YEARS, ECONOMISTS have come to...
- Research articles 1994-05-01
- No Borders, Inc. Concludes Agreement with Discount Health Benefit Provider
- 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...
- Research articles 2004-11-17
