Defenition of the word discount rate
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Defenition of the word discount rate
- (US) the rate of interest set by the Federal Reserve that member banks are charged when they borrow money through the Federal Reserve System
- interest on an annual basis deducted in advance on a loan
- the rate of interest set by the Federal Reserve that member banks are charged when they borrow money through the Federal Reserve System
Synonyms for the word discount rate
Hyponyms for the word discount rate
Hypernyms for the word discount rate
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- interest rate
- rate of interest
See other words