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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.

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

Obviously, the new rediscount rate has not been established for the reasons which prompted its advance from 4 to 4� in November, 1919.

From Time Magazine Archive

To boost the rediscount rate now would cost the Treasury millions in added interest.

From Time Magazine Archive

But without direct controls, it had to rely on an indirect method: it hiked the rediscount rate.

From Time Magazine Archive

Last year he bitterly attacked the Federal Reserve system for its failure to make a more substantial raise in the rediscount rate.

From Time Magazine Archive

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