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 interest that a central bank charges when it lends money to 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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