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| *The Commerce Journal>>>Insurance |
Discount means an amount paid that is less that the original amount .? |
Discount means an amount paid that is less that the original amount .? yes ...less than the original amount or face value. It is perfectly possible for any given security to never sell at its face value. Discount means that some amount is deducted from the 'original' price. Note that many retailers post an artificially inflated 'regular' price to make the 'discounted' price seem cheaper. |
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