Straight Discount

Straight Discount

The rate applied to the face value of the promissory note to calculate present value without compounding. For example, a note with a face value in three years of 100, with a straight discount of 10% per annum has a present value of 70.

Straight Discount

A percentage used to calculate the present value of a future cash flow from a debt security without taking compounding into account.
References in periodicals archive ?
Zalora shoppers may avail of the straight discount by simply entering the unique coupon code received via email upon checkout.
It was based on a "Road Equivalent Tariff", but was just a straight discount.
Regarding Goldmacher's report, Abbarchi suggested that perhaps the customers cited in it were talking about something other than a straight discount on maintenance.
The manufacturer has offered a straight discount on the list price, as well as providing a possible future rebate linked to the outcome of the head-to-head trial comparing pazopanib and sunitinib; making pazopanib a cost-effective option for the NHS.
The cashback is effectively a straight discount for cash buyers, but for term payers will go much of the way to covering the deposit.
Unlike usual trackers, which have a percentage increase over bank base rate, this product uniquely offers a straight discount from base rate that enables borrowers to know exactly where they are.
Buyers can take their savings either as a straight discount off the pounds 79,995 original asking price.
So, make the best use of your credit card and shop to your heart's content to avail a straight discount of seventy percent on all what you purchase.
It is using fewer multibuy sales, such as bogofs, and switching more to straight discount offers.
All gifts are available with a straight discount of fifty percent.
lt;p>In the spirit of cost cutting, Brown has also examined all of its IT contracts and gone back to vendors to ask for price breaks, whether it's straight discounts or extending contracts for lower rates.