Search Result for "discount_rate":
Wordnet 3.0

NOUN (2)

1. the rate of interest set by the Federal Reserve that member banks are charged when they borrow money through the Federal Reserve System;

2. interest on an annual basis deducted in advance on a loan;
[syn: discount rate, discount, bank discount]


WordNet (r) 3.0 (2006):

discount rate n 1: the rate of interest set by the Federal Reserve that member banks are charged when they borrow money through the Federal Reserve System 2: interest on an annual basis deducted in advance on a loan [syn: discount rate, discount, bank discount]