What does bank discount mean?

bank discount means "interest on an annual basis deducted in advance on a loan".

What is another word for bank discount?

Close synonyms include discount rate, discount. Each sense on this page lists its own synonyms, because a word with several meanings rarely has one substitute that works for all of them.

Is bank discount a common word?

bank discount is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.

bank discount — meaning, pronunciation and definition

noun

1 senseA person, place, thing, quality or idea.

1.
interest on an annual basis deducted in advance on a loan
Synonymsdiscount rate discount
Broaderinterest rate
Narrowerbank rate

Questions about bank discount

What does bank discount mean?: bank discount means "interest on an annual basis deducted in advance on a loan".
What is another word for bank discount?

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bank discount

noun

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