Meaning Of The Word Bank discount
What's the definition of Bank discount? Find Bank discount meanings, definitions and more at the Real Dictionary online.
Bank discount Meaning
| Bank discount Definition |
|---|
What's The Definition Of Bank discount?
bank discount in American English
interest deducted in a lump sum by a bank from a loan when the loan is made: it is computed from the date of the loan to the date of the final payment on the basis of the original amount of the loan noun: interest on a loan, deducted in advance from the face value of the note bank discount in British English noun: interest on a loan deducted from the principal amount when the loan is made and based on the loan's face value |
More Definitions
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
Definitions Of The Day
- Incisiform ‐ adjective: having the shape of an…
- Legislature ‐ a body of persons given the responsibility and…
- Oliphant ‐ noun: Sir Mark Laurence Elwin. 1901–2000, British…
- Labour movement ‐ noun
- Merry widow ‐ a woman's undergarment combining a bra, often…
- Folinic acid ‐ the active substance, C20 H23N7 O7, into which…
- Saprolite ‐ completely decomposed rock lying in its original…
- Lower California ‐ Baja California; noun: a mountainous peninsula…
- Motorized ‐ A motorized vehicle has…
- Pontifical College ‐ noun: a major theological college under the direct…