from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun The rate of discount established by a country's central bank.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun economics The rate of
interestthat a central bankcharges when it lends moneyto another bank
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun the discount rate fixed by a central bank
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