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discount
(redirected from discountable)

   Also found in: Dictionary/thesaurus, Legal, Financial, Encyclopedia, Wikipedia 0.02 sec.
discount,
n 1. an allowance or deduction made from a gross sum.
v 2. to reduce the amount of a professional fee.


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The nodes are words formed from DISCOUNTABLE where each of the 12 letters is used exactly five times each.
The banks submit to the Central Bank discountable commercial paper (discount policy) or mortgage certificates of deposit (Lombard rate policy) in order to obtain short-term loans from the Central Bank.
Accordingly, ownership for the purpose of control may be aggregated upon the first death to achieve maximum basis step-up and then bifurcated at the time of the second death so that the CLAT may be funded with a discountable interest.
 
 
 
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