discount rate

(redirected from Bank Discount Rate)
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Synonyms for discount rate

the rate of interest set by the Federal Reserve that member banks are charged when they borrow money through the Federal Reserve System

interest on an annual basis deducted in advance on a loan

References in periodicals archive ?
However, the poll was conducted before Friday's stock market surge on the news that the Federal Reserve had lowered the bank discount rate.
is only recovering slowly after the attack in September 2001, although the Federal Reserve Bank has continuously been reducing the central bank discount rate.
2007 2007 2006 2006 2005 2004 Reserve Bank Discount Rate 5.
2007 2006 2006 2005 2005 2004 Reserve Bank Discount Rate 6.
50% Effective from 11/17/99 X New York State Usury 16% Effective since 12/1/80 X Federal Usury (whichever is higher) NY Federal Reserve 5% Effective from 11/17/99 Bank Discount Rate