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Discounts and allowances are reductions to a basic price of goods or services. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or the list ...
The social discount rate is a reflection of a society's relative valuation on today's well-being versus well-being in the future. The appropriate selection of a social discount rate is crucial for cost–benefit analysis, and has important implications for resource allocations.
In the case of interest rates, a very common but ambiguous way to say that an interest rate rose from 10% per annum to 15% per annum, for example, is to say that the interest rate increased by 5%, which could theoretically mean that it increased from 10% per annum to 10.5% per annum.
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Discount rate may refer to: Social discount rate (of consumption), the rate at which the weight given to future consumption decreases in economic models. Pure time preference, or utility discount rate, the rate at which the weight given to future utility decreases in economic models.
The term "Freshman 15" is an expression commonly used in the United States and Canada to refer to weight gain during a student's first year in college. Although the 15 refers to a 15 lb (6.8 kg) weight gain, the expression can apply more generally.
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