bank discount

Other forms: bank discounts

Definitions of bank discount
  1. noun
    interest on an annual basis deducted in advance on a loan
    synonyms: discount, discount rate
    see moresee less
    types:
    bank rate
    the discount rate fixed by a central bank
    type of:
    interest rate, rate of interest
    the percentage of a sum of money charged for its use
Cite this entry
Style:
MLA
  • MLA
  • APA
  • Chicago

Copy citation
DISCLAIMER: These example sentences appear in various news sources and books to reflect the usage of the word ‘bank discount'. Views expressed in the examples do not represent the opinion of Vocabulary.com or its editors. Send us feedback
Word Family