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rediscount rate

noun

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

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Question 1 of 9
You may have read the word "simmer" in a recipe or two, but what does it really mean?
To cook in water that begins cold and then reaches a boil.
To stew in a sauce for a long time.
To cook in water, just below boiling temperature.
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Words nearby rediscount rate

red ink, redintegrate, redintegration, redirect, rediscount, rediscount rate, rediscover, rediscovery, redistribute, redistribution, redistributionist
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020