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bank discount
noun
: the interest discounted in advance on a note and computed on the face value of the note
Examples of bank discount in a Sentence
Recent Examples on the Web
From Amazon devices on the cheap, to exclusive Anker power bank discounts, and a small, but decent eBay coupon, here are the best deals of the week.
—Cameron Faulkner, The Verge, 25 Aug. 2018
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'bank discount.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Word History
First Known Use
1803, in the meaning defined above
Dictionary Entries Near bank discount
Cite this Entry
“Bank discount.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/bank%20discount. Accessed 29 May. 2024.
Legal Definition
bank discount
noun
: the interest that is discounted in advance on a note and computed on the face value of the note
More from Merriam-Webster on bank discount
Britannica English: Translation of bank discount for Arabic Speakers
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