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  2. Discounts and allowances - Wikipedia

    en.wikipedia.org/wiki/Discounts_and_allowances

    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 price (which is quoted to a potential buyer ...

  3. Collateralized mortgage obligation - Wikipedia

    en.wikipedia.org/wiki/Collateralized_mortgage...

    Using the example, the IO is created by taking 1% of coupon off the 6% original coupon gives an IO of 1% coupon off $100mm notional principal, but this is by convention 'normalized' to a 6% coupon (as the collateral was originally 6% coupon) by reducing the notional principal to $16.666667mm ($100mm / 6).

  4. Madoff investment scandal - Wikipedia

    en.wikipedia.org/wiki/Madoff_investment_scandal

    The Madoff investment scandal was a major case of stock and securities fraud discovered in late 2008. [1] In December of that year, Bernie Madoff, the former Nasdaq chairman and founder of the Wall Street firm Bernard L. Madoff Investment Securities LLC, admitted that the wealth management arm of his business was an elaborate multi-billion-dollar Ponzi scheme.

  5. Social discount rate - Wikipedia

    en.wikipedia.org/wiki/Social_discount_rate

    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. There is wide diversity in social discount rates, with developed ...

  6. Discount - Wikipedia

    en.wikipedia.org/wiki/Discount

    Discounts and allowances, reductions in the basic prices of goods or services. Discounting, a financial mechanism in which a debtor obtains the right to delay payments to a creditor. Delay discounting, the decrease in perceived value of receiving a good at a later date compared with receiving it at an earlier date. Discount store.

  7. Britannia Industries - Wikipedia

    en.wikipedia.org/wiki/Britannia_Industries

    Britannia. Britannia Industries Limited is an Indian multinational food products company, which sells biscuits, breads and dairy products. Founded in 1892, it is one of India's oldest existing companies and currently part of the Wadia Group headed by Nusli Wadia. [2] As of 2023, about 80% of its revenues came from biscuit products.

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