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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.





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


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