discount rate
Word Rarity
Uncommon
Frequency: Zipf frequency 4.29 in modern English
15
Scrabble Score
12
Letters
3
Syllables
11
Unique Chars
Meaning
noun
An interest rate that a central bank charges depository institutions that borrow reserves from it.
Countable; Uncountable
noun
The interest rate used to discount future cashflows of a financial instrument; the annual interest rate used to decrease the amounts of future cashflows to yield their present value.
Countable; Uncountable