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bank discount vs rate of interest

rate of interest vs bank discount

bank discount and rate of interest both are nouns.

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

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