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bank discount vs interest rate

interest rate vs bank discount

bank discount and interest rate both are nouns.

Word NounAdjectiveVerbAdverb
bank discount Yes No No No
interest rate Yes No No No
As nouns, interest rate is a hypernym of bank discount; that is, interest rate is a word with a broader meaning than bank discount:
  • bank discount: interest on an annual basis deducted in advance on a loan
  • interest rate: the percentage of a sum of money charged for its use
Other hypernyms of bank discount include rate of interest.
bank discount (noun) interest rate (noun)
interest on an annual basis deducted in advance on a loan the percentage of a sum of money charged for its use
Difference between bank discount and interest rate

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