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| Definitions by InvestorWords.com |
| What is...? |
| discount The amount by which a bond's par exceeds its market price. Also, the amount by which the value of a closed-end fund's holdings exceeds its market price. Also, anything selling below its normal price. opposite of premium. see also accrued market discount, bank discount, cash discount, dividend discount model, loss leader, original issue discount, volume discount, deep discount bond. |
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