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2017 Word of the Year

discount market

noun
1.
a trading market in which notes, bills, and other negotiable instruments are discounted.
Origin of discount market
1890-1895
First recorded in 1890-95
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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Examples from the Web for discount market
Historical Examples
  • Their paper, therefore, is exceptionally good in the discount market.

    The Value of Money Benjamin M. Anderson, Jr.
  • On one consideration only does that depend—the amount of accepted long bills which the London discount market will stand.

    Readings in Money and Banking

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

    Readings in Money and Banking

    Chester Arthur Phillips
  • Hence the note-broker is to-day an important factor in the discount market.

    Readings in Money and Banking

    Chester Arthur Phillips
  • It is not only in our domestic trade that the country suffers through the want of a discount market.

    Readings in Money and Banking

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

British Dictionary definitions for discount market

discount market

noun
1.
the part of the money market consisting of banks, discount houses, and brokers on which bills are discounted
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Nearby words for discount market

Word Value for discount

11
14
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