Discount vs Agio - What's the difference?
discount | agio |
To deduct from an account, debt, charge, and the like; to make an abatement of.
To lend money upon, deducting the discount or allowance for interest; as, the banks discount notes and bills of exchange.
* Walsh
To take into consideration beforehand; to anticipate and form conclusions concerning (an event).
To leave out of account; to take no notice of.
* Sir William Hamilton
:They discounted his comments.
To lend, or make a practice of lending, money, abating the discount; as, the discount for sixty or ninety days.
A reduction in price.
A deduction made for interest, in advancing money upon, or purchasing, a bill or note not due; payment in advance of interest upon money.
The rate of interest charged in discounting.
Of goods, available at reduced prices; discounted.
Of a store, specializing in goods at reduced prices.
The premium or percentage on a better sort of money when it is given in exchange for an inferior sort. The premium or discount on foreign bills of exchange is sometimes called agio.
* 1989 , Isaac Levy, translator, The Pentateuch'' (translation of, Samson Raphael Hirsch, ''Der Pentateuch, ubersetzt und erlautert ), second edition, volume 2, Exodus, Judaica Press, ISBN 0910818126, page 582 (commentary to Exodus 30:16),
* 1776 , Adam Smith, An inquiry into the nature and causes of the wealth of nations , [http://oll.libertyfund.org/index.php?option=com_staticxt&staticfile=show.php%3Ftitle=220&Itemid=28].
As nouns the difference between discount and agio
is that discount is a reduction in price while agio is the premium or percentage on a better sort of money when it is given in exchange for an inferior sort. The premium or discount on foreign bills of exchange is sometimes called agio.As a verb discount
is to deduct from an account, debt, charge, and the like; to make an abatement of.As an adjective discount
is of goods, available at reduced prices; discounted.discount
Verb
(en verb)- Merchants sometimes discount five or six per cent for prompt payment of bills.
- Discount only unexceptionable paper.
- Of the three opinions, (I discount Brown's), under this head, one supposes that the law of Causality is a positive affirmation, and a primary fact of thought, incapable of all further analysis.
Noun
(en noun)Synonyms
* (reduction in price) rebate, reductionAntonyms
* surchargeDerived terms
* quantity discount * rediscount * seasonal discountDescendants
* German:Adjective
(-)- This store specializes in discount wares.
- If you're looking for cheap clothes, there's a discount clothier around the corner.
External links
* * *Anagrams
* English heteronyms ----agio
English
Noun
(en noun)- Owing to the enormous number of half-shekel coins required each year in Adar, these were greatly in demand, and the money-changers made a small fixed charge of an agio for changing whole into half shekels.
- The money of such banks being better than the common currency of the country, necessarily bore an agio , which was greater or smaller, according as the currency was supposed to be more or less degraded below the standard of the state.
