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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.

In order to attract capital to London�a necessary preliminary to removing the British restrictions on the export of gold�Mr. Leaf advocates an increase in the Bank of England rediscount rate from 4 to 5%.

From Time Magazine Archive

Most hateful, therefore, is the present high rediscount rate.

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

It can restrict credit only by increasing loan costs through boosts in the rediscount rate and reserves of member banks and sales of Government securities.

From Time Magazine Archive

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