discount rate

(redirected from Discount interest rate)
Also found in: Dictionary, Financial.
Related to Discount interest rate: coupon interest rate
  • noun

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 ?
Yet another is setting the federal funds discount interest rate, also known as the overnight rate--the rate at which Fed branch banks loan money to each other (generally overnight).
DUBAI: Kuwait slashed its key discount interest rate by 125 basis points yesterday while the UAE cut by a more modest amount, tracking a round of emergency rate cuts by major central banks.
Mortgage providers in the country are expected to phase out 12-month introductory discount interest rate loans because of the credit crisis.
There is significant consensus in both the House and the Senate that the discount interest rate applied to airlines should be more fairly equalized.
When implemented, the NADA program documents those instances when dealers discount interest rates and ensures the discounts are for legitimate business reasons, like meeting a competitive finance offer.