seasonal credit rate


Credit rate which applies to loans of short duration provided to small lending institutions by a Central Bank for the purpose of providing liquidity. Banks requesting this type of credit experience seasonal fluctuations in the amount of funds they need, and are often found in transitional communities based on farming and tourism.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
discount window discount rate