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Discount rate   /dɪskˈaʊnt reɪt/   Listen
Discount rate

noun
1.
The rate of interest set by the Federal Reserve that member banks are charged when they borrow money through the Federal Reserve System.
2.
Interest on an annual basis deducted in advance on a loan.  Synonyms: bank discount, discount.






WordNet 3.0 © 2010 Princeton University








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Words linked to "Discount rate" :   United States, bank rate, the States, U.S.A., rate of interest, interest rate, USA, US, America, United States of America, U.S.



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