bank discount Definition

bank discount

Definition

The bank charge made for payment of a note prior to maturity, expressed as a percentage of the note's face value.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

Related Terms on BusinessDictionary

discount market

money market

Popular 'Banking' Terms

negotiable
letter of credit
bank draft
bank
commercial bank

account
overdraft protection
compound interest
overdraft
lockbox

bank discount in the news

Tools

bank discount is ...

... part of the Banking and Lending & Credit subjects.

Nearby Terms

bancassurance
Bangladesh Taka
bank
bank account
bank credit
bank discount
bank draft
Bank Examiner
bank guarantee
bank holding company
Bank Holiday

Search volume for bank discount

Review the unprecedented moves the Fed & Treasury took to bring the financial markets back from the precipice