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Discount window |
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Discount windowFacility provided by the Fed enabling member banks to borrow reserves against collateral in the form of governments or other acceptable paper.Discount window Similar MatchesDiscount ArbitrageDiscount ArbitrageA riskless arbitrage in which a discount option is purchased and an opposite position is taken in the underlying security. The arbitrageur may either buy a call at a discount and simultaneously sell the underlying security (basic call arbitrage) or maybuy a put at a discount and simultaneously buy the underlying security (basic put arbitrage). See also Discount. Discount PointsDiscount PointsThe fee associated with the note rate for your loan, the more discount points you pay the lower the rate you can buy, the fewer you pay, the higher your rate. If the rate is high enough, the loan is priced above par and these premium points are available to pay closing costs creating a no or low fee loan. Discount bondDiscount bondDebt sold for less than its principal value. If a discount bond pays no coupon, it is called a zero coupon bond. Discount InterestDiscount InterestInterest at a beginning of the loan. For example if you take out a one-year loan of $100 at a discount interest rate of 10%, you would receive $90 at the outset. Accretion (of a discount)Accretion (of a discount)In portfolio accounting, a straight-line accumulation of capital gains on a discount bond in anticipation of receipt of par at maturity. Further SuggestionsAccrued market discountBank discount basis dividend discount model Straight Discount Discount period Dividend Discount Model (DDM) bond discount Discount broker Unamortized bond discount Pure discount bond Average discount rate discount rate Discount discount yield Forward discount Discount period Discounted payback period rule Forward discount Discounted dividend model (DDM) Discount securities Deep discount bond Rediscount Risk adjusted discount rate Volume discount Discounted basis |
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