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Discount period

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Discount period
The period during which a customer can deduct the discount from the net amount of the bill when making payment.

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Tax savings still apply after the initial discount period.
These decreases were offset by (i) the net increase in value of real estate assets under development of $1,353,297 which results primarily from changes in the net realizable value estimates including the shortening of the discount period due to the passage of time and sales of condominium units and homes and (ii) operating income of $830,848 which primarily represents interest income earned from cash and cash equivalents.
Special incentive commissions of up to 10% will also be offered to booking agents during the discount period.
 
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