By modifying belief functions and time discount rate, agent can adjust its pricing.

代理可以通过修改信念函数及时间贴现率来调整报价。

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When the Fed cut its discount rate on August 17th, it admitted for the first time that the credit crunch could hurt the economy.

当8月17号贴现率下调，联储第一次确认信贷紧缩有可能危及美国经济。

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It ignores the time value of money — the discount rate.

它忽略了金钱的时间价值——折扣率。

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As a callow bond-trader, fresh out of college, he participated in one of the greatest of them all, in Japan in 1986, when the yield on the ten-year benchmark Japanese government bond fell to 2.5%, the discount rate at the time.

ECONOMIST: Buttonwood

Bank of America ( BAC - news - people ) aims its bank- card pitch at employers who buy them in bulk as staff gifts. (BofA declined to comment on whether employers receive a discount rate for buying scads of cards at a time.) There's no dormancy fee with BofA's product, but after nine months the cards become worthless, whatever the remaining balance is.

FORBES: Holiday Shopping