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
"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
Central bank discount rate: This entry 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
This is called bank discount and its rate is variable, depending on the abundance or scarcity of money.
From Business Hints for Men and Women by Calhoun, Alfred Rochefort
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.
