Discount Rate - Law Dictionary Search Results
discount rate
Matched in: Term discount rate
discount point
Matched in: Term discount point
Bank Rate
Matched in: Term Bank Rate
Keep your definitions linked to case research
Bank discount
Matched in: Term Bank discount
Percentage
A certain rate per cent the allowance duty rate of interest discount or commission on a hundred
Dividend
v. G.N. Ry., (1910) 2 KB 509l. Dividend means the share of the subscriber in the amount of discount available under the chit agreement for rateable distribution among the subscribers at each instalment of chit. [Chit Funds … Dividend means the share of the subscriber in the amount of discount available under the chit agreement for rateable distribution among the subscribers at each instalment of chit. [Chit Funds Act, (40 of 1982), s. 2(h)] Dividend,
bond
by the general credit of the issuer rather than by a specific lien on particular assets : debenture discount bond : a bond with a market value lower than its face value flower bond : a Treasury … guaranteed by a corporation other than the issuer income bond : a bond that pays interest at a rate based on the issuer's earnings junk bond : a high-risk bond that offers a high yield and is
Loan societies
loan can be granted until the first is repaid. The society is permitted to receive by way of discount, at the time of the loan, interest under its enrolled rules, not exceeding 12l. per cent. and to … number of operations in the case of the latter as compared to the former and consequently a lower rate of interest on loans appears to be justifiable than in the case of overdrafts and cash credits, Tanner's
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