Bank Discount

Business, Legal & Accounting Glossary

Definition: Bank Discount


Bank Discount


Full Definition of Bank Discount


The bank charge made for payment of a note prior to maturity, expressed as a percentage of the note’s face value.


Cite Term


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Page URL
https://payrollheaven.com/define/bank-discount/
Modern Language Association (MLA):
Bank Discount. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 08, 2021 https://payrollheaven.com/define/bank-discount/.
Chicago Manual of Style (CMS):
Bank Discount. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/bank-discount/ (accessed: December 08, 2021).
American Psychological Association (APA):
Bank Discount. PayrollHeaven.com. Retrieved December 08, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/bank-discount/

Definition Sources


Definitions for Bank Discount are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.