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kohls discount

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1) "Kohls" -- As to kohls discount kohl Pronunciation: 'kOl Function: noun Etymology: Arabic kuhl : a preparation used especially in Arabia and Egypt to darken the edges of the eyelids Pronunciation Symbols Kohl's Corporation Type Public (NYSE: KSS) Founded 1962 Headquarters Menomonee Falls, Wisconsin, USA Industry Retail Products Clothing, footwear, bedding, furniture, jewelry, beauty products, electronics, and housewares. Slogan "Expect Great Things" Website http://www.kohls.com/ Kohl's Corporation (NYSE: KSS) is an American department store chain headquartered in Menomonee Falls, Wisconsin, a suburb of Milwaukee. As of January 2007, Kohl’s operated 817 stores in 45 states. The stores are considered to be a step above chains such as Kmart, Target, and Wal-Mart, but at a lower price level than Belk, Dillard's, and Macy's. This store competes with J.C. Penney and Sears. Kohl's mission, as stated in store and online, is to be the leading value-oriented, family-focused, specialty department store. The company entered the S&P 500 list in 1998 and is also listed in the Fortune 500. 1 History 1.1 Purchase by BATUS 1.2 Expansion 2 Store design 3 Merchandise 4 Online shopping 5 References 6 External links Max Kohl, who had previously operated traditional grocery..." 2) "Discount" -- As to kohls discount 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 ..." 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