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 ?
If the savings made sense on the menu, their itemised shorthand on the bill was indecipherable, but when you realise five of us ate for PS29.85 and the discounted bill included extra chips (PS2.50), two J20s (PS3.78) and two alcoholic drinks you'll see what I mean about going back in time price-wise.
To confirm the discounted bill for the calls made, the customers need to make a call to 122 from their Vodafone number.
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.)
Among Gebrselassie's spectacular counter-claims is the allegation that Farah 'punched' and 'kicked' a husband and wife in the resort's gym and, when it came to settling a discounted bill, did a runner.
Another concern is the bank's small equity, as well as the needed enhancements in its risk management system under low level of provisioning by lending transactions and significant amount of loans granted by discounted bills.
In the light of the total reduction of investments in the securities (a0.9%) the dynamics of discounted bills was inspiring.
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.
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.
Indeed, some companies will give you discounted bills if you pay by direct debit and you can save up to 13 per cent.