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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 MatchesDiscount securitiesDiscount securitiesNon-interest-bearing money market instruments that are issued at a discount and redeemed at maturity for full face value, e.g., US Treasury bills. Discount paymentDiscount paymentThe difference between the face value and the price paid for a security. 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. Original Issue Discount securities (OIDS)Original Issue Discount securities (OIDS)Bonds on which the coupon rate is set considerably below the yield to maturity at the time of issuance so that the bonds are issued at a discount from a par value. Pure discount bondPure discount bondA bond that will make only one payment of bond and bond. Also called a bond or a single-payment bond. Further SuggestionsAccrued discountStraight Discount discount rate Forward discount discount yield Discount period Rediscount Discounting Deep discount bond discounted cashflow Original issue discount debt (OID debt) Discount period discounted rate mortgage Underwriters discount Discount Interest Average discount rate Discounted payback period rule Discounted cash flow (DCF) dividend discount model Discounted basis Bank discount basis Accretion (of a discount) Dividend Discount Return discount Discount rate |
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