About The Word Bank discount
Learn about the word Bank discount to help solve your crossword puzzle. Discover Bank discount definitions and meaning, origins, synonyms, related terms and more at the free Crossword Dictionary.
Bank discount
| Bank discount Definition And Meaning |
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What's The Definition Of Bank discount?
[n] interest on an annual basis deducted in advance on a loan
Synonyms | Synonyms for Bank discount: discount | discount rate Related Terms | Find terms related to Bank discount: See Also | bank rate | interest rate | rate of interest Bank discount In Webster's Dictionary \Bank discount\
A sum equal to the interest at a given rate on the principal
(face) of a bill or note from the time of discounting until
it becomes due.
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