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TeachMeFinance.com - explain discount point discount point The term 'discount point' as it applies to the area of basic math can be defined as 'a fee assessed that is equal to 1% of the amount of a loan (e.g., one point on a $100,000 mortgage is equal to $1,000)'. Previous 5 Terms: Disclosure History Disconnect Discontinued Drug Product discophoran Discount Drug List Next 5 Terms: discrete discrete mathematics Discrete-delivery energy sources Discretionary Spending Disdrometer About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.