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rediscount rate

American  

noun

  1. the rate charged by the Federal Reserve Bank to member banks for rediscounting commercial paper.


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The first official recognition of this coming trend was supplied by the quite unexpected action of the Boston Reserve Bank in moving its rediscount rate up from 3�% to 4%.

From Time Magazine Archive

In order to attract capital to London�a necessary preliminary to removing the British restrictions on the export of gold�Mr. Leaf advocates an increase in the Bank of England rediscount rate from 4 to 5%.

From Time Magazine Archive

To boost the rediscount rate now would cost the Treasury millions in added interest.

From Time Magazine Archive

The Board will fix their rediscount rate, determine whether they shall buy or sell Government securities, fix how much credit they may extend to their member banks.

From Time Magazine Archive

Obviously, the new rediscount rate has not been established for the reasons which prompted its advance from 4 to 4� in November, 1919.

From Time Magazine Archive

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