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discount rate

2 senses · Free VividLex dictionary · Thesaurus

1. n. the rate of interest set by the Federal Reserve that member banks are charged when they borrow money through the Federal Reserve System Source: wordnet
2. n. interest on an annual basis deducted in advance on a loan Source: wordnet

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federal interest reserve advance annual banks basis borrow charged deducted loan member money rate set system they

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