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    Dictionary of International Trade

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    Dictionary of International Trade

    A B C D E F G H I J K L M N O P Q R S T U V W Y Z
    D/ Da Dd De Di Do Dr Du
    Dim Dir Dis
    Disc Disp Dist
    Disch Discl Disco Discr

    Discount

    1. A deduction from an amount due to given consideration of such circumstances as prompt or early payment or an order of unusually large quantity.
    2. Selling a receivable or accepted draft at a price below face amount for net present value.
    3. In foreign exchange, refers to a situation where a currency can be bought more cheaply at a future date than for immediate delivery.

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