discount interest

The interest that accrues on a discounted investment instrument (such as a government bond) as it matures.

• The investor receives the interest when the instrument is redeemed. [Cases: United States 91. C.J.S. United States §§ 164, 167.]

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词条贡献者

资深译员David，毕业于亚洲顶尖的高级翻译学院，擅长翻译有关汽车业的法律文件。