rediscount rate
Americannoun
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.
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
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
And many a bull, in Manhattan and in Chicago, damned bitterly the Federal Reserve Bank's efforts to undo, by raising the rediscount rate, the mischief it had done.
From Time Magazine Archive
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
By lowering the rediscount rate the Board can indirectly induce the reverse process.
From Time Magazine Archive
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
