bank discount

noun

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

Examples of bank discount in a Sentence

Recent Examples on the Web From Amazon devices on the cheap, to exclusive Anker power bank discounts, and a small, but decent eBay coupon, here are the best deals of the week. Cameron Faulkner, The Verge, 25 Aug. 2018

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'bank discount.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1803, in the meaning defined above

Time Traveler
The first known use of bank discount was in 1803

Dictionary Entries Near bank discount

Cite this Entry

“Bank discount.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/bank%20discount. Accessed 24 Feb. 2024.

Legal Definition

bank discount

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

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