Definition of "Discount"
(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.
Popular Real Estate Terms
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One based on the whole body of the law. A lawful right is being exercised. ...
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Person's title to real estate giving him exclusive power and rights owner it. ...
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Arbitrary value assigned to real property without any scientific or technical reason. It is a personal decision based on a hunch. ...
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