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discount rate::noun | Spocien Dictionary

discount rate
noun
//
interest on an annual basis deducted in advance on a loan
Type Words
Synonyms bank discount, discount
Type of interest rate, rate of interest
Has types bank rate

discount rate::noun | Spocien Dictionary

discount rate
noun
//
the rate of interest set by the Federal Reserve that member banks are charged when they borrow money through the Federal Reserve System
Type Words
Type of rate of interest, interest rate
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