bill discount
21discount rate — The interest rate charged on loans by the Federal Reserve Bank. Chicago Board of Trade glossary The interest rate charged by the Federal Reserve to its member banks (banks which belong to the Federal Reserve System) for funds they borrow. This… …
22discount — 1) A deduction from a bill of exchange when it is purchased before its maturity date. The party that purchases (discounts) the bill pays less than its face value and therefore makes a profit when it matures. The amount of the discount consists of …
23discount — 1) A deduction from a bill of exchange when it is purchased before its maturity date. The party that purchases (discounts) the bill pays less than its face value and therefore makes a profit when it matures. The amount of the discount consists of …
24Bill of exchange — General term for a document demanding payment. The New York Times Financial Glossary * * * bill of exchange ˌbill of exˈchange abbreviation b/e or bill noun bills of exchange PLURALFORM …
25bill of exchange — General term for a document demanding payment. Bloomberg Financial Dictionary * * * bill of exchange ˌbill of exˈchange abbreviation b/e or bill noun bills of exchange PLURALFORM [countable] …
26Discount rate — The interest rate that the Federal Reserve charges a bank to borrow funds when a bank is temporarily short of funds. Collateral is necessary to borrow, and such borrowing is quite limited because the Fed views it as a privilege to be used to meet …
27discount — In a general sense, an allowance or deduction made from a gross sum on any account whatever. In a more limited and technical sense, the taking of interest in advance. A deduction from an original price or debt, allowed for paying promptly or in… …
28discount — In a general sense, an allowance or deduction made from a gross sum on any account whatever. In a more limited and technical sense, the taking of interest in advance. A deduction from an original price or debt, allowed for paying promptly or in… …
29discount — n. & v. n. 1 a deduction from a bill or amount due given esp. in consideration of prompt or advance payment or to a special class of buyers. 2 a deduction from the amount of a bill of exchange etc. by a person who gives value for it before it is… …
30Bill Gates — For other people named Bill Gates, see Bill Gates (disambiguation). Bill Gates …
