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Discount

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Discount

Definition

(1) The amount a price would be reduced to purchase a commodity of lesser grade; ( 2) sometimes used to refer to the price differences between futures of different delivery months, as in the phrase "July at a discount to May," indicating that the price for the July futures is lower than that of May.

Related Terms

Other terms related to 'Discount' starting with the letter 'D'

Disclosure Document, Delivery Instrument, Day Order, Default Option, Designated Self Regulatory Organization DSRO

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