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discount rate
(redirected from bank rate)

    Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.03 sec.

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
 
Their figures were based on data compiled by Bank Rate Monitor, an industry trade publication.
BANK RATES LESS LUCRATIVE THAN SAVINGS ALTERNATIVES, GROUPS SAY by Daily News (Los Angeles, CA)
According to Williamson, owner of Riverside Chrysler Plymouth, the rate offered by the Chrysler Credit Corporation was about two percentage points below the bank rate at the time of the interview.
Chrysler's sales, leasing figures match 1989's; dealers optimistic by Northern Ontario Business
During this period, the many countries that had either adopted or restored the gold standard could depend on the Bank of England to provide predictable policy in which changes in the Bank rate carefully regulated the Bank's reserve position.
The International Gold Standard and U.S. monetary policy from World ... by Crabbe, Leland / Federal Reserve Bulletin
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