Discounting

Rarity: Uncommon

A topic a little better known than average, read and translated beyond its own country.

Rarity follows how well known the article is: its views on the French and English Wikipedia over a year, and the number of languages it exists in.

At a glance

Class

Notion

Domain

Science and technology

In collections

Nobody has pulled it yet.

What Wikipedia says

In finance, discounting is a mechanism in which a debtor obtains the right to delay payments to a creditor, for a defined period of time, in exchange for a charge or fee. Essentially, the party that owes money in the present purchases the right to delay the payment until some future date.

Excerpt from the Wikipedia article “Discounting”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

Image: Congressional Budget Office (Congress of the United States), Public domain, via Wikimedia Commons.