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Uncommondiscount rate
The correct spelling is discount rate.
How to pronounce discount rate
noun
Say it like: Dis-cow-nt -rat-e
The correct spelling is discount rate. An interest rate that a central bank charges depository institutions that borrow reserves from it.
Usage Examples
No usage examples in context are available for this word.
Definition
noun
- 1.An interest rate that a central bank charges depository institutions that borrow reserves from it.
- 2.The interest rate used to discount future cashflows of a financial instrument; the annual interest rate used to decrease the amounts of future cashflows to yield their present value.
Similar words
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