From the Latin "computare" comes the word discount which means to count. It is the action and effect of discounting. It is understood by the decrease or depreciation that is made to an amount or price. Another use that is particularly attributed to discount is the time stage that a referee adds or adds at the end of a game, match or any sports competition, mainly in football, to make up for lost time with any situation during the match.
On the other hand, discount refers to a reduction in compensation for part of the debt. It is also used to express when in a bank, an amount or sum is reduced or reduced from the amount of the securities to remunerate the one that has been anticipated to the collection of these at the nominal maturity date. And here comes the nominal discount, which is the amount that is discounted or reduced and the money is the good acquired, when the interest is discounted.
In the economic or marketing field, there are several types of discounts, among them is the commercial discount that is carried out in companies or credit organizations of commercial papers, bills, promissory notes or other effects suitable for the function of money order, in order to to be able to mobilize the price of the purchase and sale of goods and services. Another common is the financial discount, it is an advance or credit made by acceptance or issuance by the entity, of letters or promissory notes created without any other causal antecedent. However, discounts for prompt payment are intended to encourage customers to pay their account as soon as possible, within a specified period of time.
