Discounting is a financial mechanism in which a debtor obtains the right to delay payments to a creditor, for a defined period of time, in exchange for a charge or fee. Essentially, the party that owes money in the present purchases the right to delay the payment until some future date. The discount, or charge, is the difference (expressed as a di... Found on http://en.wikipedia.org/wiki/Discounting
This is a technique that allows the calculation of present values of inputs and benefits that accrue in the future.
Found on http://www.cirem.co.uk/definitions.html
Future costs and benefits are difficult to measure. The present value (P) of future benefits less costs is found by discounting Found on http://www.encyclo.co.uk/local/20140
The reduction to present value at a given date of a future cash transaction at an assumed date, using a discount factor reflecting the time value of money. The choice of a discount rate will usually greatly influence the value of insurance provisions, and may give indications on the conservatism of provisioning methods.
Found on http://www.encyclo.co.uk/local/20197
A means of raising money against the value of unpaid invoices. A discounter will buy invoices at a discount from their face value, hoping to make a profit on redemption. Found on http://www.encyclo.co.uk/local/20546
A method of converting future dollars into present values, accounting for interest costs or forgone investment income. Used to convert a future payment into a value that is equivalent to a payment now. ... (05 Dec 1998) ... Found on http://www.encyclo.co.uk/local/20973
The purchase of accepted term Bills of Exchange at a discount to allow for the funding of the advance from the discount date until the maturity date of the bills. Found on http://www.encyclo.co.uk/local/21615
A method of financial and economic analysis used to determine present and future values of investments or expenses. Found on https://www.encyclo.co.uk/local/22819