discount market


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

Origin of discount market

1
First recorded in 1890–95

Words Nearby discount market

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024

How to use discount market in a sentence

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

  • 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.

  • 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

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