Definitions of discount
a reduction in the face value of a share or security etc; a reduction in the usual price of something
When interest rates rose in the bond market, Keenan had to offer a discount of $1,000 per bond.
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substantiv
full
noun
a reduction in the face value of a share or security etc; a reduction in the usual price of something
When interest rates rose in the bond market, Keenan had to offer a discount of $1,000 per bond.