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Discount Interest

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Discount Interest
Interest 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.
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Additional charges for the fourth quarter 1998 included a bad debt write off, and debt discount interest charges.
Q-4 Revenues $3.8 Million, An Increase of 105 Percent; 1998 Sales ... by Business Wire
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