bank discount
Americannoun
noun
Etymology
Origin of bank discount
First recorded in 1905–10
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.
Today it is not uncommon for one government to give another government a few hours' notice of a change in the bank discount rate, a practice unheard of only a few years ago.
From Time Magazine Archive
Switzerland last week raised its bank discount rate from 2�% to 3�% , thus becoming the fifth European nation to do so in the past ten weeks.
From Time Magazine Archive
The Belgian bank discount rate is 2�% as compared with 8% for Germany, 4�% for Britain.
From Time Magazine Archive
"Central bank discount rate" provides the annualized interest rate a country's central bank charges commercial, depository banks for loans to meet temporary shortages of funds.
From The 2008 CIA World Factbook by United States. Central Intelligence Agency
Q. Would the bank discount a bill drawn by one merchant and accepted by another?
From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
