Noun discount rate has 2 senses
  1. discount rate - the rate of interest set by the Federal Reserve that member banks are charged when they borrow money through the Federal Reserve System
    --1 is a kind of
    interest rate, rate of interest
  2. discount rate, discount, bank discount - interest on an annual basis deducted in advance on a loan
    --2 is a kind of interest rate, rate of interest
    --2 has particulars: bank rate
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