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


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