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But it could mean an inherent discount when the stock comes to market.
But poor user growth is an inherent discount on future cash flows.
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However, our litmus test is that Aviva still screens cheap compared to its major UK life peers, and the inherent valuation discount that has plagued the stock historically has not completely eroded.
I would prefer a notion that does not sweep up all those who take up arms against a state - however brutal - but which focuses on those who discount the inherent value of individual human life in the process.
As Bozek sees it, there's an opportunity to bring the same appeal of exclusivity and discounting that's inherent to flash sales to the same demographic that is so loyal to QVC and HSN.
For instance, Yahoo stored user passwords using a hashing algorithm called MD5, which was first published in 1992 but has inherent weaknesses that meant it was discounted as an effective method for security data from the mid 2000s.
As a pricey item becomes deeply discounted, it begins to lose its inherent value as far as an educated consumer is concerned.
In real world situations, "discounting makes sense because of the inherent uncertainty of future payoffs".
And the inherent uncertainty tends to mean they trade at a discount, even to an objective estimate of their fair value.
The phenomenon of discounting the future is a complex one, inherent to humans and other animals [ 17, 18].
Because the likelihood of victory lies somewhere south of 100%, we have to discount the potential spoils by some factor that captures the inherent risk of not winning the case.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com