discount rate

1. 1.

   the rate of interest set by the Federal Reserve that member banks are charged when they borrow money through the Federal Reserve System

   Broaderinterest rate

   United States

2. 2.

   interest on an annual basis deducted in advance on a loan

   Synonymsdiscountbank discount

   Broaderinterest rate

   Narrowerbank rate

Questions about discount rate

What does discount rate mean?

discount rate means "the rate of interest set by the Federal Reserve that member banks are charged when they borrow money through the Federal Reserve System". That is the primary sense; the word has 2 in total, listed in full on this page.

What is another word for discount rate?

Close synonyms include discount, bank 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 discount rate a common word?

discount rate is banded "Uncommon" — turns up in careful writing rather than conversation. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.