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Bank discount
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noun
Bank discount
n. A sum equal to the interest at a given rate on the principal (face) of a bill or note from the time of discounting until it becomes due.
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Etymology of 'Bank discount'
Collaborative International Dictionary of English 0.48
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Words linked to "Bank discount" :
discount rate
,
bank rate
,
rate of interest
,
discount
,
interest rate
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