Discounting
id:
discounting-234-2881228
title:
Discounting
text:
In finance, discounting is a mechanism in which a debtor obtains the right to delay payments to a creditor, for a defined period of time, in exchange for a charge or fee. Essentially, the party that owes money in the present purchases the right to delay the payment until some future date. This transaction is based on the fact that most people prefer current interest to delayed interest because of mortality effects, impatience effects, and salience effects. The discount, or charge, is the differe
brand slug:
wiki
category slug:
encyclopedia
description:
When a creditor delays payments from a debtor in exchange for a fee
original url:
https://en.wikipedia.org/wiki/Discounting
date created:
date modified:
2024-02-20T20:07:35Z
main entity:
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image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/9/99/Economics_of_climate_change_chapter3_discounting_curves.png","width":1157,"height":858}
fields total:
13
integrity:
15