discount market

noun

1. a trading market in which notes, bills, and other negotiable instruments are discounted.

discount market

noun

1. the part of the money market consisting of banks, discount houses, and brokers on which bills are discounted

Word History and Origins

Origin of discount market¹

First recorded in 1890–95

Example Sentences

On one consideration only does that depend—‌the amount of accepted long bills which the London discount market will stand.

From Project Gutenberg

The decline in Bank rate was accompanied by a fall in the open discount market and early in February rates dropped to 1-11/16.

From Project Gutenberg

On one consideration only does that depend—the amount of accepted long bills which the London discount market will stand.

From Project Gutenberg

But it is always assumed by the bankers that these funds placed in the discount market can be called in readily at any moment.

From Project Gutenberg

Hence the note-broker is to-day an important factor in the discount market.

From Project Gutenberg