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discount camcorder

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1) "Discount" -- As to discount camcorder 1dis·count Pronunciation: 'dis-"kaunt Function: noun 1 : a reduction made from the gross amount or value of something: as a (1) : a reduction made from a regular or list price (2) : a proportionate deduction from a debt account usually made for cash or prompt payment b : a deduction made for interest in advancing money upon or purchasing a bill or note not due 2 : the act or practice of discounting 3 : a deduction taken or allowance made Pronunciation Symbols See also Discounts and allowances. For the band, see Discount. In finance and economics, discounting is the process of finding the present value of an amount of cash at some future date, and along with compounding cash forms the basis of time value of money calculations. The discounted value of a cash flow is determined by reducing its value by the appropriate discount rate for each unit of time between the time when the cashflow is to be valued to the time of the cash flow. Most often the discount rate is expressed as an annual rate. To calculate the net present value of a single cash flow, it is divided by one plus the interest rate for each period of time that will pass. This is expressed mathematically as raising the divisor to the power of the number of units of time. As an example, suppose an individual wants to find the net present value of $100 that will be received in five years time. There is a question of how much is it worth presently, and what amount of money, if one lets it grow at the discount rate, would equal $100 in five years. Let one assume a 12% per year discount rate. NPV = 100 dollars divided by 1 plus 12% (0.12) divided by 1 plus 12% (0.12), etc. Since 1.125 is about 1.762, the net present value is about $56.74. So, an economy where money loses 12% of its value/purchasing power every year, how will it "feel" like having 100 $ in five years? Well, it will "feel" like having $56.74 now. So the interest rate you be charged at the bank will be very high to compensate for this fact. The following link has a tutorial on discount mathematics: Tutorial on discount mathematics 1 Discount rate 2 Discount factor 3 Other discounts 4 External links 5 See also 5.1 Lists The discount rate which is used in financial ..." 2) "Camcorder" -- As to discount camcorder cam·cord·er Pronunciation: 'kam-"kor-d&r Function: noun Etymology: camera + recorder : a small portable combined camera and video recording device Pronunciation Symbols Sony DV Handycam A camcorder is a portable electronic device for recording video images and audio onto an internal storage device. The camcorder contains both a video camera and (traditionally) a videocassette recorder in one unit, hence its portmanteau name. This compares to previous technology where they would be separate. The earliest camcorders, developed by companies such as JVC, Sony, and Kodak, used analog videotape, but since the mid-1990s (and even before that in professional markets), camcorders recording digital video have become the norm. 1 History 2 Overview 2.1 Major components 3 Consumer camcorders 3.1 Analog vs. digital 3.2 Modern recording media 3.3 Consumer market 3.4 Other devices with video-capture capability 4 Uses 4.1 Media 4.2 Home video 4.3 Politics 4.4 Entertainment and movies 4.5 Voyeurism 5 Formats 5.1 Analog 5.2 Digital 6 Digital camcorders and operating systems 7 See also 8 External links Before the camcorder. This separate portable Betamax recorder and camera arrangement slightly predates the first camcorders Video cameras were originally designed for broadcasting television images — see television camera. Cameras found in television broadcast centres were extremely large, mounted on special trolleys, and wired to remote recorders located in separate rooms. As technology advanced, miniaturization eventually enabled the construction of portable video-cameras and portabl..." 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