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 ?
There are a few rare incidents when one walks away excited with the feeling that we got more than what we paid for; one such occasion is the ongoing GMC Festival with no frills, fluff or additional benefits, just a simple, straight discount of up to RO9,000 across limited models.
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.
There is no straight discount on the price, but there is a power bank worth Rs.
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.
Some outlets in markets with heavy concentrations of senior citizens also offer a straight discount program, notes Thompson.
The cashback is effectively a straight discount for cash buyers, but for term payers will go much of the way to covering the deposit.
Prices are based upon a straight discount for semi-annual payments of principal and interest.
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.
It is using fewer multibuy sales, such as bogofs, and switching more to straight discount offers.