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4 definitions found
From:
DICT.TW English-Chinese Dictionary 英漢字典
bank discount
銀行貼現
From:
Webster's Revised Unabridged Dictionary (1913)
Bank discount
.
A
sum
equal
to
the
interest
at
a
given
rate
on
the
principal
(
face
)
of
a
bill
or
note
from
the
time
of
discounting
until
it
becomes
due
.
◄
►
From:
Webster's Revised Unabridged Dictionary (1913)
Dis·count
n.
1.
A
counting
off
or
deduction
made
from
a
gross
sum
on
any
account
whatever
;
an
allowance
upon
an
account
,
debt
,
demand
,
price
asked
,
and
the
like
;
something
taken
or
deducted
.
2.
A
deduction
made
for
interest
,
in
advancing
money
upon
,
or
purchasing
,
a
bill
or
note
not
due
;
payment
in
advance
of
interest
upon
money
.
3.
The
rate
of
interest
charged
in
discounting
.
At a discount
,
below
par
,
or
below
the
nominal
value
;
hence
,
colloquially
,
out
of
favor
;
poorly
esteemed
;
depreciated
.
Bank discount
,
a
sum
equal
to
the
interest
at
a
given
rate
on
the
principal
(
face
)
of
a
bill
or
note
from
the
time
of
discounting
until
it
become
due
.
Discount broker
,
one
who
makes
a
business
of
discounting
commercial
paper
;
a
bill
broker
.
Discount day
,
a
particular
day
of
the
week
when
a
bank
discounts
bills
.
True discount
,
the
interest
which
,
added
to
a
principal
,
will
equal
the
face
of
a
note
when
it
becomes
due
.
The
principal
yielding
this
interest
is
the
present
value
of
the
note
.
◄
►
From:
WordNet (r) 2.0
bank
discount
n
:
interest
on
an
annual
basis
deducted
in
advance
on
a
loan
[
syn
:
discount rate
,
discount
]
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