Topic Areas

Official discount rate

Definition:

The official discount rate is the rate at which the Central Bank lends to commercial banks.

Example Sentences

There isn't any room for an official discount rate in this policy.

If the official discount rate is advertised he always barters with the sales clerk for a deeper discount.

There isn't any reason we won't qualify for the official discount rate.

The Federal Reserve are reviewing the official discount rate.

There is not an official discount rate.

Key Phrases
Accrued liability
Owner’s equity
Act on behalf of
Merchant bank
Always at your service
Accrual
Amortization
Adjustable rate preferred stock
Interest rate
Safety deposit box
limited liability company
Stock dividend
Administrative expenses
Fixed costs
Subject to collection
Protest a bill
Added value
Capital loss
Accrued revenue
Cash flow

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