discount rate
1. the rate of interest set by the Federal Reserve that member banks are charged when they borrow money through the Federal Reserve System • Regions: United States, United States of America, America, the States, US, U.S., USA, U.S.A. • Hypernyms: interest rate, rate of interest 2. interest on an annual basis deducted in advance on a loan • Syn: discount, bank discount • Hypernyms: interest rate, rate of interest • Hyponyms: bank rate
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