The bank charge made for payment of a note prior to maturity, expressed as a percentage of the note's face value.
Related information about bank discount:
- Israel Discount Bank LTD. - Discount Group
Bank Discount is a Bank which provides a comprehensive range of banking services to its customers regarding all financial activities via direct banking and ...
- Bank Discount Rate Definition | Investopedia
The interest rate for short-term money-market instruments like commercial paper and Treasury bills. The bank discount rate is based on the instrument's par ...
- Bank Discount Basis Definition | Investopedia
A quoting convention used by financial institutions when quoting prices for fixed- income securities sold at a discount, particularly U.S. Government issues.
- bank discount - The Free Dictionary
Also found in: Wikipedia, 0.02 sec. bank discount. n. The interest on a loan computed in advance and deducted at the time the loan is made. bank discount. n ...
- What is bank discount? definition and meaning
Definition of bank discount: The bank charge made for payment of a note prior to maturity, expressed as a percentage of the note's face value.
- What is a Bank Discount?
A bank discount is a type of bank charge that is made when a person pays off a note or loan before it matures. Most of the time...
- IDB Bank - The Better Bank | Home
Banking Services · Personal Banking · Business Banking · U.S. Private Banking · International Private Banking · Cash Management · Investment Management & ...
- Bank Discount Calculator - Real Estate Investment Equations ...
Real estate investment calculator solving for bank discount given note maturity value, annual bank discount rate and time in years.