Topic Areas

Official discount rate

Definition:

The official discount rate is the rate at which the Central Bank lends to commercial banks.

Example Sentences

There isn't any room for an official discount rate in this policy.

If the official discount rate is advertised he always barters with the sales clerk for a deeper discount.

There isn't any reason we won't qualify for the official discount rate.

The Federal Reserve are reviewing the official discount rate.

There is not an official discount rate.

Key Phrases
Appraisal
Base rate
Cash flow
Enterprise
Additional collateral
Protest a bill
limited liability company
Accrual
Withholding tax
On receipt of the order
Always at your service
Long-term financing
Owner’s equity
Adjustable-Rate Mortgage
Capital assets
Accrued liability
Fixed costs
Stock dividend
Adjustable rate preferred stock
Subject to collection

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