discount rate Meaning in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “discount rate” in the English Dictionary

"discount rate" in Business English

See all translations

discount ratenoun [C]

uk   us  
FINANCE, BANKING the ​rate of ​interest that a country's centralbankcharges for ​lendingmoney to other ​banks: cut/​lower/​raise the ​discountrate acut/​reduction/​increase in the ​discountrate The ​centralbankslashed its officialdiscountrate, at which it ​lends to ​commercialbanks, to prevent the ​economy from ​sliding into ​recession.
FINANCE, ACCOUNTING a ​rate of ​interest that you use to ​calculate the ​presentvalue of an ​amount of ​money that you receive or ​pay in the future: In ​terms of ​currentmarketprices a 10% ​discountrate would imply a ​yield of 10.08% over 30 days.
(also bill rate) FINANCE the ​rate by which the ​price of a bill of ​exchange is ​reduced if it is ​bought before its ​paymentdate
COMMERCE a ​reducedpriced that is ​offered to ​customers if they ​buy large ​quantities of ​products or ​services or if they ​pay a ​bill by an ​agreeddate
(Definition of discount rate from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of discount rate?
Add Cambridge dictionaries to your browser to your website

“discount rate” in Business English

More meanings of “discount rate”

Word of the Day

harvest

to pick and collect crops, or to collect plants, animals, or fish to eat

Word of the Day

Meerkat meme
Meerkat meme
by Colin McIntosh,
September 03, 2015
Meerkats are not new to popular culture (they appear in the folk tales of the San people of the Kalahari), but their arrival in the public’s consciousness, at least in the UK and the US, is a relatively recent phenomenon. Meerkats are small, sociable Southern African mammals that live in large family

Read More 

parklet noun
parklet noun
August 31, 2015
a public outdoor space that may be associated with a local business but where anyone can sit Pop-up cafes in NY are what’s actually called parklets in many other places around the country.

Read More