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Those arguing against mark-to-market suggest that the projected value if you held it, discounted to its present value, should be the value shown on financial institutions' financial statements.
But pitching Cathedral City as a premium product and relaunching its branding and packaging, it discounted prices by less than competitors, leading to a small volume decline in the first half.
Wolf even implied that the style was un-American; it discounted the nation's glorious affluence, its spectacular richness, diversity and drive.
And it discounted the impact of speculation, which has been blamed by many politicians in the United States recently for the spike in prices.
Far more important, it discounted earlier rulings saying that states had to be able to prove "a compelling state interest" for any actions that infringed on religious practice.
He said that while World Wide's claims about high satisfaction rates among parents may be true, the company's reasoning was flawed because it discounted the experiences of children who have been mistreated.
Similar(46)
It discounts its own loans to such heavily indebted countries by 92%.
"No city can truly thrive if it discounts the talents, contribution and leadership of its women," Jackson said.
Does it discount men?
It discounts "tied aid", which must be spent on goods and services from the donor country, by 20%.
The airlines can also offset a marketing obligation to Orbitz if they offer it discount fares exclusively.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com