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.
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.