Discount
Term · Law · MLC-T-LAW-001643
A reduction in the usual price or value of something. In a legal context, it can refer to a deduction from a debt or a lower valuation of an asset due to specific factors. For example, a court may apply a discount for lack of marketability when valuing shares in a closely held company.
| Identifier | MLC-T-LAW-001643 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-001643",
"term": "Discount",
"field": "Law",
"definition": "A reduction in the usual price or value of something. In a legal context, it can refer to a deduction from a debt or a lower valuation of an asset due to specific factors. For example, a court may apply a discount for lack of marketability when valuing shares in a closely held company.",
"url": "https://mlchart.com/terminology/law/discount/"
}
Record 1,515 of 5,439 in Law terminology (MLC-0107). Request the full dataset.