| NOUN | possession | discount rate | the rate of interest set by the Federal Reserve that member banks are charged when they borrow money through the Federal Reserve System |
|---|---|---|---|
| possession | discount rate, discount, bank discount | interest on an annual basis deducted in advance on a loan |
| Meaning | The rate of interest set by the Federal Reserve that member banks are charged when they borrow money through the Federal Reserve System. | |
|---|---|---|
| Region | United States, United States of America, America, the States, US, U.S., USA, U.S.A. | 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 |
| Broader | interest rate, rate of interest | The percentage of a sum of money charged for its use |
| Meaning | interest on an annual basis deducted in advance on a loan. | |
|---|---|---|
| Synonyms | discount, bank discount | |
| Narrower | bank rate | The discount rate fixed by a central bank |
| Broader | interest rate, rate of interest | The percentage of a sum of money charged for its use |
| Spanish | descuento | |
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