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time discount

a discount allowed for payment of an invoice or bill before it falls due. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2018.
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Examples from the Web for time discount
Historical Examples
  • We have here, however, a principle different from the principle of time discount.

    The Value of Money Benjamin M. Anderson, Jr.
  • Whatever the rate of time discount prevailing, rents infinitely distant become infinitesimally small when discount is compounded.

    The Principles of Economics Frank A. Fetter

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