Unearned Discount

(redirected from Unearned Discounts)

Unearned Discount

A finance charge a lender assesses at the beginning of a loan, but only recognizes as income gradually over the loan's life. In accounting, the unearned discount is listed at first as a liability on the lender's balance sheet, but is slowly recognized as income.
References in periodicals archive ?
Fragmented across disparate systems, applications and organizational boundaries, the quote-to-cash cycle and associated processes are now fertile ground for profit loss in the form of late pays, chargebacks, write-offs, penalties and unearned discounts.
Suppliers benefit from improved cash flow, more predictable payments, and less profit leakage from unearned discounts.
46 7% Net Interest Income: Total interest income $13,909 $10,612 31% Total interest expense 6,396 2,997 113% Net Interest Income $7,513 $7,615 (1%) March 31, 2007 2006 Change Financial Condition: $986,762 $899,821 10% Total Assets 422,702 354,707 19% Loans - Net of Unearned Discounts 483,400 416,023 16% Investment Securities 622,465 637,959 (2%) Total Deposits 101,160 89,803 13% Shareholders' Equity 18.
The solution offers management the ability to monitor cash forecasts, risk exposure, root-cause analysis, resource performance, earned and unearned discounts and collections effectiveness for the entire enterprise, or for a specific business unit.
06 117% Financial Condition December 31, 2006 2005 Change Total Assets $964,023 $845,325 14% Loans - Net of Unearned Discounts 401,194 349,346 15% Investment Securities 483,910 313,517 54% Total Deposits 613,170 592,217 4% Shareholders' Equity 98,233 87,503 12% Book Value Per Share 17.
With CashApply, Delta has been able to automate over 20 percent of its payment transactions and achieve a hit rate of over 90 percent, while simultaneously reducing the value of open chargebacks and increasing the value of unearned discounts charged back by 100 percent.
60 133% Financial Condition September 30, 2006 2005 Change Total Assets $990,715 $767,309 29% Loans - Net of Unearned Discounts 403,183 347,082 16% Investment Securities 482,466 235,198 105% Total Deposits 663,530 506,172 31% Shareholders' Equity 94,928 87,223 9% Book Value Per Share 17.
77% Undisbursed loan funds (30,536) (27,917) Deferred loan (fees) costs (27) 51 Unearned discounts (14) (20) Allowance for loan and lease losses (6,579) (6,068) Total loans held for investment, net $ 593,554 $ 697,191 Participation loans included above $ 33,693 7.
92 Financial Condition June 30, 2006 2005 Change Total Assets $878,582 $664,956 32% Loans - Net of Unearned Discounts 401,010 347,501 15% Investment Securities 382,819 236,760 62% Total Deposits 622,992 428,990 45% Shareholders' Equity 90,220 89,379 1% Book Value Per Share 16.
43 7% Financial Condition March 31, 2006 2005 Change Total Assets $899,821 $645,636 40% Loans - Net of Unearned Discounts 354,707 323,074 10% Investment Securities 416,023 227,060 83% Total Deposits 637,959 426,777 50% Shareholders' Equity 89,803 86,691 4% Book Value Per Share 16.
04 2% Financial Condition December 31, 2005 2004 Change Total Assets $845,325 $577,441 46% Loans - Net of Unearned Discounts 349,346 334,193 5% Investment Securities 313,517 181,020 73% Total Deposits 592,217 389,192 52% Shareholders' Equity 87,503 85,801 2% Book Value Per Share 15.
81 -26% Financial Condition September 30, 2005 2004 Change Total Assets $769,099 $617,536 25% Loans - Net of Unearned Discounts 348,872 324,439 8% Investment Securities 235,198 215,026 9% Total Deposits 507,962 418,722 22% Shareholders' Equity 87,223 86,319 1% Book Value Per Share 15.