Discounted Bill

Discounted Bill

A debt security issued at a discount to its face value. For example, if a discounted bill has a face value of $1,000, it may be issued to the holder at $900. When it matures, the holder receives the full $1,000. A discounted bill, especially a short-term issue, often does not pay a coupon; rather, the difference between the discount and the face value takes the place of the coupon. See also: Coupon-equivalent yield.
References in periodicals archive ?
85 and the discounted bill included extra chips (PS2.
To confirm the discounted bill for the calls made, the customers need to make a call to 122 from their Vodafone number.
In a recent MedPage Today survey, nearly half of the 3200 respondents said patients who are kept waiting for a scheduled appointment should get a discounted bill.
It tops online retailer Amazon's chart and is second in Waterstone's, behind a heavily discounted Bill Bryson book.
Call and discounted bill volumes are for the previous trading day.
We offer budget bill programs, a low- income discounted bill program and tips on lowering consumption through energy efficiency measures.
It is believed that a bank official discounted bills against which underlying trade transactions were fake or non-existent, leading to the fraud.
Paying energy bills by monthly direct debit's up to 6% cheaper IF you can, do, as it'll usually mean discounted bills of up to 6% less, so contact your provider to check.
9%) the dynamics of discounted bills was inspiring.
Like conventional banks, it took deposits, made loans, and discounted bills of exchange.
In addition to cash drain induced by bank failures, another good example of this is from the first year of the Great Depression (August 1929-September 1930): the MB fell by over $300 million due mainly to a decline in bank borrowing via discounted bills (F&S 1963, 340-341).
The financing includes before and after shipping facilities, loans against trust receipts, discounted bills, payments for receivable amounts and discounted export bills.