Discount


Definition of "Discount"

Brianna Jenkins
  Coldwell Banker Watson and Knox

(1) The difference between future value and present value of a payment. (2) A reduction in the amount due for early payment. (3) Discount loan. (4) Taking into account all available good or bad news about a real estate property in evaluating its current price. It is called discounting the news.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Boom

(1) Sudden and dramatic increase in activity or prices. (2) Rapid economic prosperity. ...

Accounts Receivable Insurance

Coverage when business records are destroyed by an insured peril and the business cannot collect mon ...

Present Expected Value

Actuarial equivalent method of calculating the premium rate through the development of the following ...

Accessory Building

A building that is secondary to the main structure on the property. ...

Lapse Risk

Measure of the sensitivity of the insurance company's liability to changing policy surrender distrib ...

Loan Application

A form completed out by a borrower specifying personal and financial data to be considered by the le ...

Related Real Estate FAQ

What Does An Appraisal Mean?

An appraisal is an estimate of the value of a certain property by a qualified, independent individua ...

What Is An Assumable Mortgage?

A type of purchase in which the buyer assumes the responsibility of making payments on a sellers hom ...

Should I Pay Extra Each Month?

This calculator figures how much interest savings you will have depending on how much extra you pay ...

What Is A Convertible ARM?

A convertible ARM is an adjustable- rate mortgage (ARM) that can be converted into a fixed rate mort ...

What Is A Contingency?

A contingency is a provision included in a sales contract stating that certain events must occur or ...

What Is A Proration?

A proration is the division of certain fees. If the sellers have paid the taxes six months in advanc ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

5 U.S. Cities with the Best Public Transportation When to buy a house How To Get A Loan with Bad Credit What Costs Do Buyers and Sellers Pay On Big Day When Escrow Closes? How To Sell Your Home

FAQ

What is flood insurance? What is Freddie Mac? What is a mortgage broker? What is the APR for This ARM Loan? What is commission?