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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.

This increased demand for funds has at length been recognized by the higher New York rediscount rate, as it has by a similar advance on the part of the Boston Reserve Bank.

From Time Magazine Archive

The Bank Deutscher L�nder relaxed credit restrictions by lowering the rediscount rate for its member banks.

From Time Magazine Archive

Federal Reserve banks, led by Chicago, raised the rediscount rate to 5%.*

From Time Magazine Archive

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

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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