The answer depends on two key variables the discount rate and future earnings growth. A lower discount rate and or a higher rate of expected earnings growth would justify higher equity valuations.

The liabilities were valued on the basis of a discount rate of 5.5 per cent.

Ecological losses are calculated as the difference between the actual catches and the expected catches, using a three per cent annual discount rate.

7. Decides that the least developed countries should be placed in a separate level and receive the highest rate of discount available under the scale

Can you give me a discount?

Can you give me a discount?

Can you give me a discount?

Can you give me a discount?

Can't you discount it a little?

And some people get 100 percent discount, and some people get 20 percent discounts, and some people get 50 percent discount, etc.

We give a 10 discount for cash.

The slow but steady progress that countries are making toward this goal is encouraging. In the meantime, governments should use a shadow carbon price and carbon discount rate in their decision making processes.

Do they think I get a discount? she wondered.

Is there a discount if you pay in cash?

It's a difficult theory to discount, I think you'll agree.

We listen to differences, we discount sounds that remain the same.

Your initial order is subject to a special discount of 5 .

That does not mean that the US should maintain the discount rate close to zero and run up government debt indefinitely. Once the economy starts growing again, interest rates will rise perhaps precipitously, if the accumulated debt is too large.

If the objectives were met fiscal stabilization and renewed growth the discount would disappear. In the same way, after 1993, the French franc initially diverged from its old level, but, in a good policy setting, it then returned within the exchange rate band.

There's really no dispute about progress, if we discount the cost of that.

The fortuneteller says, I give smokers a discount because there s not as much to tell.

Investment can sustainably drive growth only up to the point when returns decline dramatically. In the case of public sector investment, that means that the present value of the increment to the future GDP path (using a social discount rate) is greater than the investment itself.

The Double 12 discount extravaganza and the Christmas New Year shopping period come right after Double 11 .

Bulgaria from Level I to Level H Level H means 70 per cent discount for voluntary movement.

Latvia from Level I to Level H Level H means 70 per cent discount for voluntary movement.

Lithuania from Level I to Level H Level H means 70 per cent discount for voluntary movement.

Philippines from Level I to Level H Level H means 70 per cent discount for voluntary movement.

Poland from Level I to Level H Level H means 70 per cent discount for voluntary movement.

Romania from Level I to Level H Level H means 70 per cent discount for voluntary movement.

Slovakia from Level I to Level H Level H means 70 per cent discount for voluntary movement.

Each one is 30 dollars... with a discount I can give it to you for 150 dollars.

And this one that was in Kenya, they went around and distributed to people vouchers, discount vouchers.

Growing use by retailers of own brands and discount retailing have also been driving prices down significantly.

Governments can offer a menu of new bonds worth some fraction of the value of their existing obligations. Bondholders can be given a choice between par bonds with a face value equal to their existing bonds but a longer maturity and lower interest rate, and discount bonds with a shorter maturity and higher interest rate but a face value that is a fraction of existing bonds face value.

Among the costs and risks of their low interest rate policies are a return to the leveraged growth pattern and growing uncertainty about the limits of a central bank s balance sheet expansion. In other words, will the elevated asset values caused by low discount rates suddenly reset downward at some point?

The consumption discount rate should account for the possibility that, as consumption grows, the marginal unit of consumption may be considered to have less social value. This is analogous to the idea of diminishing marginal private utility of private consumption, and is relatively uncontroversial, although researchers disagree on its magnitude.

Czech Republic from Level I to Level H Level H means 70 per cent discount for voluntary movement.

In my view, it is difficult to make a strong case for a significant sustained increase in earnings growth in this environment, meaning that growth alone would not justify current equity valuations. But the lower discount rate argument is more persuasive, and is consistent with underlying economic conditions and central banks mandates.

For quantities of 20 or more, we can allow you a special discount of 10 on the prices quoted.

But Bernanke s impressive research on the Great Depression does not mean that he can prevent the next recession or depression, for stopping deflation hardly solves all problems. After all, the US went off the gold standard in 1933, and the Fed cut the discount rate to 1.5 in 1934, ending deflation (except for minor episodes) but the unemployment rate did not fall consistently below 15 until 1941 and the onset of World War II.

And the minute you tell me that boom! You know, I discount half of what you're saying from then on.

Discount that back to the present, at five percent over two million dollars for a stop sign, in each direction.

After the euro came into force, commercial banks could refinance their holdings of government bonds at the discount window of the European Central Bank, and regulators treated government bonds as riskless. This caused interest rate differentials between various countries to shrink, which generated real estate booms in the weaker economies and reduced their competitiveness.

The European authorities accepted a plan that would reduce the deficit gradually, but the markets were not reassured. The risk premium on Greek government bonds continues to hover around three percentage points, depriving Greece of much of the benefit of euro membership namely, being able to refinance government bonds at the official discount rate.

Monetary policy may have bolstered stock prices in two ways, either lowering the discount rate by compressing the equity risk premium, or simply reducing risk free rates for long enough to raise the present value of stocks. In either case, equity prices should level off at some point, allowing earnings to catch up, or even correct downward.