Sears Grand, a new type of store that is being rolled out across the country, is designed to compete on more equal terms with big discount chains, like Wal-Mart, that operate out of warehouses.

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Also, investors should not discount what other news Apple might announce in terms of features, advertising revenue and subscriber access.

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You can buy these bonds at a discount and get nearly 8% yield in dollar terms.

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In economics terms, highly-indebted persons have an infinite discount rate and an infinite preference for the present, which leads them to make decisions that can have disastrous long-term effects.

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And I would not discount the significance of the experience that we have as -- in terms of its usefulness to the Europeans.

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In valuation terms, emerging-market shares now stand at a 15-20% discount to developed markets.

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As a result the most important variables to the price of an asset are the level and future shape of free cash flows, and the discount rate used, which, as you rightly point out, can be analysed in terms of risk premium.

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The company declined to disclose the size or terms of the agreement, but one expert says Mr. Vick likely came at a discount.

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