|
Definition of Discount rate
1. Noun. The rate of interest set by the Federal Reserve that member banks are charged when they borrow money through the Federal Reserve System.
Geographical relationships: America, The States, U.s., U.s.a., United States, United States Of America, Us, Usa
Generic synonyms: Interest Rate, Rate Of Interest
Generic synonyms: Interest Rate, Rate Of Interest
2. Noun. Interest on an annual basis deducted in advance on a loan.
Exact synonyms: Bank Discount, Discount
Generic synonyms: Interest Rate, Rate Of Interest
Specialized synonyms: Bank Rate
Generic synonyms: Interest Rate, Rate Of Interest
Specialized synonyms: Bank Rate
Medical Definition of Discount rate
1. A rate used to convert future costs or benefits to their present value. (05 Dec 1998)