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
Stock dividend
Accrual
Capital assets
Voting share
Adjustable rate preferred stock
Amortization
Affiliated company
Majority interest
Outstanding credits
Protest a bill
Safety deposit box
Fixed costs
Account activity
Official discount rate
Merchant bank
Liquid assets
Value at market price
Additional collateral
Appreciation
Base rate

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