Meaning of DISCOUNT RATE in English


Financial institutions can borrow from the U.S. Federal Reserve. The interest rate charged by the Federal Reserve Bank is called the discount rate; the act of borrowing is called "borrowing at the discount rate".

UNODC Money-Laundering terms English dictionary.      Английский словарь терминов управления ООН по отмыванию денег, преступности и наркотикам.