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Showing results for rediscount rate. Search instead for rediscountable.

rediscount rate

American  

noun

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


Example Sentences

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The Board will fix their rediscount rate, determine whether they shall buy or sell Government securities, fix how much credit they may extend to their member banks.

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

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

The classical law of rediscount banking is to keep the rediscount rate above the open market rate, in order slightly to penalize rather than subsidize the bank applying for the rediscount.

From Time Magazine Archive

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

From Time Magazine Archive

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