discount rate
The rate, per year, at which future values are diminished to make them comparable to values in the present. Can be either subjective (reflecting personal time preference) or objective (a market interest rate). The interest rate that the Fed charges commercial banks for very short-term loans of reserves. One of the tools of monetary policy.
Browse by Subjects
Accepting Houses Committee
percentage
discount window
key rate
Federal Reserve Board (FRB)
See All Related Terms »

charge by way of legal mortgage
junior partner
VAT group
Lorenz curve
clearing firm