discount rate
noun/ˈdɪskaʊnt reɪt/
/ˈdɪskaʊnt reɪt/
(finance)- the minimum rate of interest that banks in the US and some other countries must pay when they borrow money from other banks
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- the amount that the price of a bill of exchange is reduced by when it is bought before it reaches its full value
- an accounting term used to describe the relationship between the current value of an investment and its expected future value, given a particular rate of growth or interest
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