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Discounted in/by Market

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Discounted in/by market
Unannounced information that is widely accepted or anticipated, and hence is already taken into account in the pricing of the security/ market (e.g., poor earnings).

Discounted by Market
In securities, describing a situation in which the market has already incorporated expected information into the price of a stock. That is, if a company's earnings are large for a particular quarter, it may leak the information so that the stock is discounted by the market. That way, when the information is actually announced, it will not cause a sudden jump in price, which might suggest volatility. For this reason, the Federal Reserve issues statements indicating what policy changes it might make before it makes them, allowing the markets to discount the information. Discounted in/by the market is also called priced out. See also: Efficient markets theory.


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