rediscount rate


noun

the rate charged by the Federal Reserve Bank to member banks for rediscounting commercial paper.

Nearby words

  1. redingote,
  2. redintegrate,
  3. redintegration,
  4. redirect,
  5. rediscount,
  6. rediscover,
  7. rediscovery,
  8. redistribute,
  9. redistribution,
  10. redistributionist

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019