释义 |
Straight Discount Straight DiscountThe 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 DiscountA percentage used to calculate the present value of a future cash flow from a debt security without taking compounding into account. |