discount rate
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Letter D
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discount rate Definition
(n)
the
rate
of
interest
set
by
the
Federal
Reserve
that
member
banks
are
charged
when
they
borrow
money
through
the
Federal
Reserve
System
(n)
interest
on
an
annual
basis
deducted
in
advance
on
a
loan
discount rate Synonyms
bank discount
discount
discount rate
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