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True discount

    0.01 sec.
the interest which, added to a principal, will equal the face of a note when it becomes due. The principal yielding this interest is the present value of the note.

See also: Discount



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He added: "If Dan Boyle is right and that is the true discount then it would conflict with the Government's positions of leaving the banks in private hands.
Remember, the road to true discount mattresses isn't necessarily easy.
Take the time to do this to ensure that you are receiving a true discount.
 
 
 
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