Meaning of DISCOUNT RATE in English

DISCOUNT RATE

or bank rate

Interest rate charged by a central bank for loans of reserve funds to

The discount rate is one important indicator of the condition of {{link=monetary policy">monetary policy in an economy. Because raising or lowering the discount rate alters the rates that commercial banks charge on loans, adjustment of the discount rate is used as a tool to combat recession and inflation .

Britannica English dictionary.      Английский словарь Британика.