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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.
Definition source: English Wiktionary via Wiktextract
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
interest on an annual basis deducted in advance on a loan
Definition source: Princeton WordNet 3.0
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: discount rate, discount
Antonyms: none provided
Broader terms: interest rate, rate of interest
Narrower terms: bank rate
No etymology was provided for this word.