Discount

Discount in International Trade

Meaning of Discount, according to the Dictionary of International Trade (Global Negotiator): A deduction from an amount due to given consideration of such circumstances as prompt or early payment or an order of unusually large quantity.

Selling a receivable or accepted draft at a price below face amount for net present value.

In foreign exchange, refers to a situation where a currency can be bought more cheaply at a future date than for immediate delivery.

Resources

See Also

• Finance
• Consumer Credit
• Negotiable Instrument
• Securities
• Financial Regulation
• Corporate Finance