Finite-time stability for the linear discrete-time system with state delay was investigated in this article. Stability of the system was analyzed using both the Lyapunov-like approach and the discrete Jensen’s inequality. A novel Lyapunov-like functional with a discrete convolution of delayed states was proposed and used for the derivation of the sufficient stability conditions of the investigated system. As a result, the novel stability conditions guarantee that the states of the systems do not exceed the predefined boundaries on a finite time interval. The proposed methodology was illustrated with a numerical example. A computer simulation was performed for the analysis of the dynamical behavior of this system
