Discount rate

Definition:

The interest rate at which eligible depository institutions may borrow funds, usually for short periods, directly from a Federal Reserve Bank. The law requires the board of directors of each Reserve Bank to establish the discount rate every 14 days subject to the approval of the Board of Governors.

Related terms:

Percent-of-sales method

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Term: Banking -> Discount rate

Discount rate

The interest rate at which eligible depository institutions may borrow funds, usually for short periods, directly from a Federal Reserve Bank. The law requires the board of directors of each Reserve Bank to establish the discount rate every 14 days subject to the approval of the Board of Governors.

Net pay

Percent-of-sales method

If you are in pursuit of higher learning and want to figure the cost you are in the right place.

Consider all of the expenses by buying a car that will be generated by their purchase

Remember on payday to pay yourself first, you might need it sometime in the future.

Browse by categories

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Banking