Canadian English Meaning of bank discount

bank discount

Other Canadian English words related to bank discount

No Synonyms and anytonyms found

Definitions and Meaning of bank discount in English

Wordnet

bank discount (n)

interest on an annual basis deducted in advance on a loan

Webster

bank discount ()

A sum equal to the interest at a given rate on the principal (face) of a bill or note from the time of discounting until it becomes due.

FAQs About the word bank discount

bank discount

interest on an annual basis deducted in advance on a loanA sum equal to the interest at a given rate on the principal (face) of a bill or note from the time of

No synonyms found.

No antonyms found.

bank deposit => Bank deposit, bank commissioner => bank commissioner, bank closing => bank closing, bank clerk => bank clerk, bank check => Bank cheque,