Word: discounting
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
AUTO-INSURANCE DISCOUNTS of 15% will be given by Nationwide Mutual Insurance Co. on compact cars, topping the 10% discount offered by Allstate. Autos eligible are 1955 and later models priced under $2,300 which do not exceed 3,000 Ibs., 200 in. in length...
...what Bagnoli could do. And, truth to tell, Bagnoli wasn't faring too well. He had trouble catching the ball with the cumbersome cast on his hand, and had developed a mental block about diving to his right. But although Munro had some serious doubts, he still could not discount Bagnoli. "He can do anything he wants to do," Munro said...
Furthermore, the 5% bonds loosened the pressure on the short-term market. The discount rate on the three-month bills offering dropped noticeably (4.194% to 4.007%) before a new issue at week's end was offered at a record high 4.262%. Treasury officials, however, called the jump temporary, expect that the rate will decline again this week...
...borrowed in the short end has created a strong pressure to shove all interest rates higher. The process is already operating. Last week, as the 91-day bill rate went up to nearly 4.2% from 3.979% on the sale a week before, it easily jumped over the new 4% discount rate set by the Federal Reserve to stop banks from taking advantage of the lower discount rate...
...decision to follow the interest market up another half notch was concern over the ballooning of commercial loans, which have continued to rise despite downturns in loan requirements in industries affected by the steel strike. During the strike's early stages, the Fed delayed raising the discount rate for fear of adding to the effects of the strike on the economy. But as it became clear that the strike was not slowing the boom, the Fed began to worry over what will happen when the steel strike ends and steel users return in full force to the loan market...