Meaning of DISCOUNT RATE in English

DISCOUNT RATE

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.