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rediscount rate

American  

noun

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


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.

See Examples For:

As credit soared, the FRB put on the brakes by boosting the rediscount rate to member banks, thus making borrowing more expensive.

From Time Magazine Archive

As interest rates rose, Wall Street wondered whether the Federal Reserve System would raise its 3% rediscount rate, which for some time has been less than the short-term borrowing rate the Treasury pays.

From Time Magazine Archive

Thus it may be that the recent advance of the New York Reserve rediscount rate will mark a "turn" in business from expansion to contraction.

From Time Magazine Archive

By lowering the rediscount rate the Board can indirectly induce the reverse process.

From Time Magazine Archive

For the seventh time since the stockmarket crash of October 1929, the Federal Reserve Bank of New York last week lowered its rediscount rate.

From Time Magazine Archive

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