deep discount
A discount to face value that is large enough to encourage a full take-up of a rights issue.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • deep-discount — UK US noun [C] ► a large or greater than usual reduction in price: »Some companies are offering deep discounts to attract shoppers. »The book is now being sold for $17.99, a deep discount from the $34.99 suggested list price. at a deep discount… …   Financial and business terms

  • deep-discount — deepˈ discount adjective (of financial securities) sold at a discount, earning low interest, and providing merely capital gain • • • Main Entry: ↑deep …   Useful english dictionary

  • deep discount — A large discount for a financial instrument. The condition that exists when a financial instrument is trading at a market price that is well below its par value. May also be used to refer to those securities selling at prices well below par.… …   Financial and business terms

  • deep discount — A loan stock issued at a discount of more than 15% of the amount on redemption or, if less, at a discount of more than 1/2% for each completed year between issue and redemption. The discount will be treated as income accruing over the life of the …   Accounting dictionary

  • deep discount — A loan stock issued at a discount of more than 15% of the amount on redemption or, if less, at a discount of more than 1 2% for each completed year between issue and redemption. The discount will be treated as income accruing over the life of the …   Big dictionary of business and management

  • deep discount — /ˌdi:p dɪskaυnt/ noun a very large discount ▪▪▪ ‘…when it needed to make its financial results look good, it shipped a lot of inventory. It did this by offering deep discounts to distributors’ [Forbes] …   Dictionary of banking and finance

  • deep discount — a discount far larger than normally offered. * * * …   Universalium

  • deep-discount — adjective denoting financial securities carrying a low rate of interest and issued at a discount to their redemption value, so mainly providing capital gain rather than income. ↘N. Amer. heavily discounted …   English new terms dictionary

  • deep discount — a discount far larger than normally offered …   Useful english dictionary

  • deep discount security — deep discount security/deep discount bond A security issued at a price well below its face value (either more than 15% in total or at a discount of more than 0.5% per annum). It will therefore have a low coupon. Much, if not all of the return to… …   Law dictionary

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