MLchartDataset catalogue

Discount Note

Term · Finance and investing · MLC-T-FIN-000121

Short-term obligations issued at a discount from face value. Discount notes have no periodic interest payments; the investor receives the note's face value at maturity. For example, a one-year, $1,000 face value discount note purchased at issue at a price of $950, would yield $50 or 5.26% ($50/$950).

Table 1. Record
IdentifierMLC-T-FIN-000121
FieldFinance and investing
ReferencesSEC Investor.gov Glossary
Record as JSON 
{
  "id": "MLC-T-FIN-000121",
  "term": "Discount Note",
  "field": "Finance and investing",
  "definition": "Short-term obligations issued at a discount from face value. Discount notes have no periodic interest payments; the investor receives the note's face value at maturity. For example, a one-year, $1,000 face value discount note purchased at issue at a price of $950, would yield $50 or 5.26% ($50/$950).",
  "references": [
    "SEC Investor.gov Glossary"
  ],
  "url": "https://mlchart.com/terminology/finance/discount-note/"
}

Record 121 of 398 in Finance and investing terminology (MLC-0118). Request the full dataset.