discount rate
noun
Definition of discount rate
1 : the interest on an annual basis deducted in advance on a loan
2 : the charge levied by a central bank for advances and rediscounts
Explore Merriam-Webster
1827
First Known Use of discount rate
1827
Law Dictionary
discount rate
noun
Legal Definition of discount rate
1 : the interest on an annual basis deducted in advance on a loan
2 : the interest levied by the Federal Reserve for advances and rediscounts
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Britannica.com: Encyclopedia article about discount rate
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