• a b
  • Log In
  • Home
  • Vocabulary
  • Writing
  • Mobile apps
  • Help
  • ©2017 EdictFree.
    All Rights Reserved.
Vocabulary
  • Topic
Help
  • Contact Us
  • Privacy policy
Mobile apps
  • Android
  • Ios
Bright
  • Home
  • Vocabulary
    • Topic
  • Writing

Free Online Dictionary

The home of living English, with more than 820,000 words, meanings and phrases
All Properties select
District 1 District 2 District 7 More

Longman Dictionary English

From Longman Business Dictionary
Related topics: Trade
discountingdis‧count‧ing /ˈdɪsˌkaʊntɪŋ/ noun [uncountable]FINANCE1 (also invoice discounting)COMMERCE when a financial institution lends a business an amount of money equal to that owed to the business by its suppliers, in return for a percentage. This is good for the business because it gets the money immediately, improving its CASH FLOW. Discounting is a form of finance that can be cheaper than bank loans or OVERDRAFTsFor invoice discounting, fees are typically between 0.2% and 0.5% of the value of invoices.If you have a lot of money tied up in your sales ledger in unpaid bills, invoice discounting is a way to release this money for you.2the activity of buying a bill of exchange for less than the amount that will be paid on it on a fixed date in the future
ldoceonline.com
Word of day

May 09, 2025

pencil
noun ˈpensl
Ad
Mobile apps

Browse our dictionary apps today and ensure you are never again lost for words.

Follow
  • Facebook
  • Twitter
Find Out More
  • Contact us
  • Privacy policy
Copyright EdictFree.Com All Rights Reserved.
Design by EdictFree
Copyright EdictFree.Com All Rights Reserved.
Design by EdictFree