Meaning Of The Word Rediscount rate

Real Dictionary

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Rediscount rate Meaning

Rediscount rate Definition
Rediscount rate Definition

What's The Definition Of Rediscount rate?

rediscount rate in American English
the rate of interest charged by a district Federal Reserve Bank for rediscounting top-grade commercial paper offered by its member banks
noun: the rate charged by the Federal Reserve Bank to member banks for rediscounting commercial paper

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