DISC Function in Excel: Syntax, Examples and Free Practice
DISC is an Excel Financial function. Returns the discount rate for a security.
DISC syntax
Arguments
settlement: The security's settlement (purchase) datematurity: The security's maturity datepr: The security's price per $100 face valueredemption: The security's redemption value per $100 face valuebasis: Which day-count basis to use (optional)
When to use DISC
DISC is used in loan, investment, or valuation models where precise financial math is required.
Practice DISC online, free
Open the live Excel-style spreadsheet and try DISC yourself. No Excel install or sign-up needed to start.
Practice DISC now →More Financial functions
Frequently asked questions
What does the DISC function do in Excel?
Returns the discount rate for a security.
What is the syntax of DISC in Excel?
The syntax is =DISC(settlement, maturity, pr, redemption, [basis]). settlement: The security's settlement (purchase) date; maturity: The security's maturity date; pr: The security's price per $100 face value; redemption: The security's redemption value per $100 face value; basis: Which day-count basis to use (optional).
Where can I practice DISC online for free?
Open the free live spreadsheet on Cellgrids and try DISC yourself. No Excel install is needed and you can start without signing up.
All Excel formulas · Cheat sheet · Excel exercises · Financial functions · Excel case studies · Excel tutorials · Excel shortcuts