# DISC

Spread for WinForms provides advanced software components that support Excel import/export, full cell customization, an extensive calculation engine with over 450 functions and more, all with zero dependencies on Excel.

## Content



This function calculates the discount rate for a security.

## Syntax

DISC(*settle*,*mature*,*pricep*,*redeem*,*basis*)

## Arguments

This function has these arguments:

| **Argument** | **Description** |
| -------- | ----------- |
| *settle* | Settlement date for the security |
| *mature* | Maturity date for the security |
| *pricep* | Amount invested in the security |
| *redeem* | Amount to be received at maturity |
| *basis* | [Optional] Integer representing the basis for day count (Refer to [Day Count Basis](/spreadnet/docs/latest/online-formula/formulas-overview/formulas-functs/formulas-functtypes/formulas-functsfinance/formulas-functsdaycount).) |

## Remarks

Settle, mature, and basis are truncated to integers. If settle or mature is not a valid serial date number, a #VALUE! error is returned. If pricep or redeem is less than or equal to 0, a #NUM! error is returned. If basis is less than 0 or greater than 4, a #NUM! error is returned. If settle is greater than or equal to mature, a #NUM! error is returned.

## Data Types

Accepts numeric and DateTime object data. Returns numeric data.

## Examples

`DISC(A1,B1,C4,100,2)`
`DISC("3/15/2003","5/15/2003",R3C4,R5C5,4)`
`DISC("5/15/2004","9/1/2004",98.2,100,3)` gives the result 0.0602752294

## Version Available

This function is available in product version 1.0 or later.

## See Also

[RATE](/spreadnet/docs/latest/online-formula/formulas-functionsall/formulas-functsRtoS/FunctionRATE) \| [INTRATE](/spreadnet/docs/latest/online-formula/formulas-functionsall/formulas-functsFtoK/FunctionINTRATE) \| [PRICEDISC](/spreadnet/docs/latest/online-formula/formulas-functionsall/formulas-functsMtoQ/FunctionPRICEDISC) \| [Financial Functions](/spreadnet/docs/latest/online-formula/formulas-overview/formulas-functs/formulas-functtypes/formulas-functsfinance)