discount rate

Noun
  1. The rate of interest set by the Federal Reserve that member banks are charged when they borrow money through the Federal Reserve System (synset 113340534)
    domain region: america, the states, u.s., u.s.a., united states, united states of america, us, usa - North American republic containing 50 states - 48 conterminous states in North America plus Alaska in northwest North America and the Hawaiian Islands in the Pacific Ocean; achieved independence in 1776
    is a type of: interest rate, rate of interest - the percentage of a sum of money charged for its use
  2. Interest on an annual basis deducted in advance on a loan (synset 113340275)
    is a type of: interest rate, rate of interest - the percentage of a sum of money charged for its use
    subtypes: bank rate - the discount rate fixed by a central bank
    same as: bank discount, discount

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