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Discount |
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Discount |
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A Discount is:
| • | The conversion of future cash flows to present value. |
| • | Money paid at the beginning of a time period for the use of money during that period. A discount is usually deducted from the principal at the time of the loan. |
Page url: http://www.georgiaappraiser.com/db/glossary/index.html?discount.htm
