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Stepped discount mortgage |
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Stepped discount mortgageWhere the discount is, for example, fixed at one level for one year and then a slightly lesser level for two further years. Remember it is the percentage discount that is stepped and not the monetary amount, so your repayment can still vary.Stepped discount mortgage Similar MatchesForward discountForward discountOpposite of forward premium. RediscountRediscountTo discount short-term negotiable debt instruments for a second time, after they have been discounted with a bank. Discounted rate mortgageDiscounted rate mortgageA mortgage which guarantees the interest rate charged will remain a set number of percentage points below the lender's standard variable rate. The rate changes as base rate moves up and down, but the relationship between base rate and the rate you pay remains constant. Discount 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. Dividend Discount Model (DDM)Dividend Discount Model (DDM)A method to value the common stock of a company that is based on the present value of the expected future dividends. Further SuggestionsDividend Discount Returndiscount Discounted dividend model (DDM) Discounted payback period rule Discounted payback discount yield dividend discount model Discounting Discount rate Discount window Forward discount Risk adjusted discount rate deep discount Underwriters discount Unamortized bond discount Documented discount notes Discounted cash flow (DCF) Discount bond Discount Straight Discount Original issue discount debt (OID debt) bond discount Accrued discount Deep discount bond Discount factor |
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