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 ?
The State Bank discount rates have spiked to 10.75pc and the central bank is feared to further tighten the monetary policy.
The Redmi 6 Pro will be available at its 'lowest price ever,' of Rs 7,999 and the Redmi 6A will be up for sale priced at Rs 5,499, including Rs 500 Instant Bank discount on HDFC cards.
Economic Indicators | Market rates, bond yields and other benchmarks Market rates and bond yields Dec 2018 Jun 2018 Dec 2017 Reserve bank discount rate 3.00 2.50 1.90 Prime rate (monthly average) 5.50 5.00 4.40 Federal funds rate 2.40 1.92 1.30 3-month Treasury bills 3.39 1.90 1.32 6-month Treasury bills 2.47 2.09 1.47 LIBOR 3-month rate -- -- 1.69 U.S.
Lowcountry Food Bank discount nights are every Monday through Thursday beginning Nov.
Local investors have generally stayed on the sideline amid rising interest rates -- the central bank discount rate is now 13.5 per cent -- and sluggish GDP growth, which is between 2 and 2.5 per cent."
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.
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.
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 6.25 per cent in Dec-07 and the repurchase rate was at 1.75, which is a decline from a high of 5.87 per cent in Mar 2007.
2008 2007 2007 2006 2006 2005 Reserve Bank Discount Rate 4.48 6.25 6.25 6.25 5.26 3.25 Prime Rate (monthly average) 6.98 8.25 8.25 8.25 7.26 5.25 Federal Funds Rate 3.94 5.26 5.25 5.24 4.29 2.28 3-Month Treasury Bills 2.75 4.82 4.98 4.95 4.24 2.33 6-Month Treasury Bills 2.75 4.83 4.95 5.06 4.31 2.61 3-Month Certificates of 3.84 5.32 5.32 5.46 4.56 2.61 Deposit LIBOR-3 month rate 3.95 5.35 5.35 5.49 5.49 2.60 U.S.
However, the poll was conducted before Friday's stock market surge on the news that the Federal Reserve had lowered the bank discount rate.