Meaning STRAIGHT DISCOUNT
What does STRAIGHT DISCOUNT mean? Here you find 2 meanings of the word STRAIGHT DISCOUNT. You can also add a definition of STRAIGHT DISCOUNT yourself
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STRAIGHT DISCOUNTThis expresses the discount rate as a percentage discounted from the face value given the life of the specific maturity or maturities. A straight discount does not represent a true interest cost.
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STRAIGHT DISCOUNTThe rate applied to the face value of the promissory note to calculate present value without compounding. For example, a note with a face value in three years of 100, with a straight discount of 10% p [..]
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