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Bank discount

 - 3 dictionary results
Bank of America®
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www.BankofAmerica.com
Discount
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bank discount

 
Use Bank discount in a Sentence
–noun
interest on a loan, deducted in advance from the face value of the note.
Origin:
1905–10
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To Bank discount
Bank of America®
Get Free Checking, Online Banking, And More. Open Today. Official Site
www.BankofAmerica.com
Discount
Check Out Target's Daily Deals! One Day Only. Always Free Shipping.
www.Target.com
bank discount  
n.  The interest on a loan computed in advance and deducted at the time the loan is made.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Legal Dictionary

Main Entry: bank discount
Function: noun
: the interest that is discounted in advance on a note and computed on the face value of the note
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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