Definition: The amount of interest the Federal Reserve charges to lend money to its qualified banks.
Pronunciation: \ˈdis-ˌkau̇nt\ \ˈrāt\
Used in a Sentence: The discount rate was lowered by the Federal Reserve to help stimulate loans.
4 Equal Interest-Free Payments every other week or Monthly Payment Plans Available
Build your perfect cart and view available financing options at checkout!
Select Shop Pay at checkout to see offers!