About The Word Bank discount

Bay Area Crosswords

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Bank discount

Bank discount Meaning & Definition
Bank discount Definition And Meaning

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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