bank discount


Definition of BANK DISCOUNT

:  the interest discounted in advance on a note and computed on the face value of the note

First Known Use of BANK DISCOUNT



Next Word in the Dictionary: bank draftPrevious Word in the Dictionary: bank deposit insuranceAll Words Near: bank discount
July 06, 2015
categorical Hear it
absolute or relating to a category
Take a 3-minute break and test your skills!
How to use a word that (literally) drives some people nuts.
Test your vocab with our fun, fast game
Ailurophobia, and 9 other unusual fears