It buys overproduced toys from manufacturers at a sharp discount and sells them to consumers.
The tactic is to buy shares, at a sharp discount, and force the fund to convert to open-end status.
There could be financial incentives, or "buy two fares, get the third one free," or a sharp discount for flying on major routes.
"You had a company that was trading at a sharp discount to beef slaughterers."
Once a tape's "legs" give out, stores usually unload it at a sharp discount, sometimes as low as $9.95.
Instead, they will get the same 10 percent rate and the same possibility of being called at a sharp discount to par value.
Such bonds would be expected to trade at sharp discounts to their nominal value.
Still, airlines typically do not pay published prices, and Continental is expected to receive a sharp discount for such a long-term arrangement.
Since such merchandise is often sold at sharp discounts, increased sales may not translate into increased profits.
Even with sharp discounts, 1-2-3 sells for at least $278.