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discount rate
(redirected from bank discount)

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discount rate

The rate that banks are charged to borrow money from the Federal Reserve Bank. One of the tools of monetary policy, the discount rate allows the Federal Reserve System to govern consumer interest rates and the amount of money in circulation.



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? Mentioned in ? References in periodicals archive
 
In addition, the estimated asset values were reduced (referred to as a "haircut") as described in the "Federal Reserve Bank Discount and PSR Collateral Margins Table.
The Evolution of the Federal Reserve's Intraday Credit Policies by Coleman, Stacy Panigay / Federal Reserve Bulletin
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.
MPL and National Bank Discount join forces by The Newsletter on Newsletters
He is also a member of the Board of Directors of the Montreal Exchange, the Boston Option Exchange and National Bank Discount Brokerage.
Louis Vachon Chairman and CEO of National Bank Financial, Kym Anthony ... by Business Wire
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