Discount Rate — synonyms, definition

1. discount rate (Noun)

2 synonyms
bank discount discount
2 definitions

discount rate (Noun) — The rate of interest set by the Federal Reserve that member banks are charged when they borrow money through the Federal Reserve System.

discount rate (Noun) — Interest on an annual basis deducted in advance on a loan.

2 types of
interest rate rate of interest
1 type
bank rate
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