# The term “markdown” refers to a discount or payment in part

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- Post ID: 587655
- Modified: 2023-07-25T21:12:05+00:00
- Language: en

## Definition

When securities are sold on the customer's account, the profit margin of the bank or dealer (broker) included in the price. - The difference between today's rate of certain foreign currencies and the three-month's rate of that currency on the futures market (unless otherwise stated). - Deduction of interest (discounting) on the purchase of receivables due at a later date, especially bills of exchange and checks. Discounting is usually carried out by a bank. - Payment by which an invoice is not settled in full: a debt repayment à conto (payment on account), a partial payment or installment. - In the issuance of new securities, the discount (usually expressed as a percentage) resulting from the issue price being lower than the par value in order to attract buyers. - In the case of trading in warrants, the amount (usually expressed as a percentage) by which the purchase of the share via the route of a purchased warrant is cheaper than the direct purchase of this share (opposite: premium). - In the case of a future, a discount means that the contract price is lower than the spot price of the underlying security. - When exchanging regional money into legal tender (EUR), usual reduction of the sum offered for re-exchange. - An advance. - See Abbassamento, Abgeld, Aktienanleihe, Aktienoptionen, Barwert, Basis, Bonbon, Devisentermingeschäft, Discount, Deduction, Einschlag, Kompensation, Option, Rate, Report, Regionalgeld, Rohstoff-Ferminvertrag, Spekulation, Swapsatz, Terminmarkt, Tilgung. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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