Function: noun
Date: circa 1927
1 : the interest on an annual basis deducted in advance on a loan
2 : the charge levied by a central bank for advances and rediscounts
Function: noun
Date: circa 1927
1 : the interest on an annual basis deducted in advance on a loan
2 : the charge levied by a central bank for advances and rediscounts
Merriam Webster Collegiate English Dictionary. Merriam Webster - Энциклопедический словарь английского языка. 2012