| 单词 | true discount |
| 释义 | > as lemmastrue discount true discount n. Banking and Finance a discount (discount n. 3a) equivalent to the difference between the face value and the present value of a bill of exchange or promissory note. ΚΠ 1719 E. Hatton Merchant's Mag. (ed. 7) ix. 150 This by some is called Discount, and is often practiced as it; but that is probable, because such Persons know not how to find the true Discount. 1858 Jrnl. Soc. Arts 16 July 540/1 Find both the true discount and the banker's discount on a bill of £250. 1912 Economist 12 Oct. 666/1 A deduction representing the price for the advance of money, the true discount on the transaction. 2004 Amer. Math. Monthly 111 333 The banker's discount on Rs.2,612. 8as for a certain time at 5 per cent. per annum is equal to the true discount on Rs.2,710. 7as. 6p. for the same time at the same rate. < as lemmas |
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