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DISCOUNT RATE
I. (noun)
Sense 1
Meaning:
Interest on an annual basis deducted in advance on a loan
Synonyms:
bank discount; discount; discount rate
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("discount rate" is a kind of...):
interest rate; rate of interest (the percentage of a sum of money charged for its use)
Hyponyms (each of the following is a kind of "discount rate"):
bank rate (the discount rate fixed by a central bank)
Sense 2
Meaning:
The rate of interest set by the Federal Reserve that member banks are charged when they borrow money through the Federal Reserve System
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("discount rate" is a kind of...):
interest rate; rate of interest (the percentage of a sum of money charged for its use)
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)
