bank discount


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Related to bank discount: Bank Discount Rate

bank discount

n.
The interest on a loan computed in advance and deducted at the time the loan is made.

bank discount

n
(Banking & Finance) interest on a loan deducted from the principal amount when the loan is made and based on the loan's face value
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.bank discount - interest on an annual basis deducted in advance on a loanbank discount - interest on an annual basis deducted in advance on a loan
interest rate, rate of interest - the percentage of a sum of money charged for its use
bank rate - the discount rate fixed by a central bank
References in periodicals archive ?
Economic Indicators | Market rates, bond yields and other benchmarks Market rates and bond yields Sep 2014 Sep 2015 Reserve bank discount rate 0.
The Committee is entrusted with monitoring the implementation of the provisions of the law and recommending measures to improve and increase competition in the credit market; conducting periodic examinations of the state of competition in the credit market and identifying barriers to the development of competition in that market; and making recommendations to the Minister of Finance and to the Governor of the Bank of Israel regarding the use of authorities to separate Cartisey Ashrai LeIsrael CAL from Bank Discount.
Local investors have generally stayed on the sideline amid rising interest rates -- the central bank discount rate is now 13.
IT services provider Ness Technologies Inc announced today that it has been awarded a contract to supply Israel's Bank Discount with an Interactive Voice Response (IVR) and speech recognition system.
Ness Technologies Inc (Nasdaq:NSTC)(TASE: NSTC), a provider of IT services and solutions, has been awarded a contract from Bank Discount to deploy an Interactive Voice Response (IVR) and speech recognition system at Israel's Bank Discount.
Find bank discount on $300 for 90 days (no grace) at 10 percent.
For Kuwait, the central bank discount rate was at three per cent, which is a decline from a high of 6.
However, the poll was conducted before Friday's stock market surge on the news that the Federal Reserve had lowered the bank discount rate.
is only recovering slowly after the attack in September 2001, although the Federal Reserve Bank has continuously been reducing the central bank discount rate.
Canada's leading publisher of investment advice, and National Bank Discount Brokerage, a wholly owned subsidiary of National Bank of Canada, have agreed to a plan that they say will "give investors a dynamic new tool in the never-ending search for profits.
As a sidelight, including the other bank discount rate recommendations might also capture the effects of some omitted variables.
The Dynamic Demand for Bank Discount Window Borrowing with Non-Negativity Constraints