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bank rate vs discount rate

discount rate vs bank rate

bank rate and discount rate both are nouns.

Word NounAdjectiveVerbAdverb
bank rate Yes No No No
discount rate Yes No No No
As nouns, discount rate is a hypernym of bank rate; that is, discount rate is a word with a broader meaning than bank rate:
  • bank rate: the discount rate fixed by a central bank
  • discount rate: interest on an annual basis deducted in advance on a loan
Other hypernyms of bank rate include bank discount, discount.
bank rate (noun) discount rate (noun)
the discount rate fixed by a central bank interest on an annual basis deducted in advance on a loan
the rate of interest set by the Federal Reserve that member banks are charged when they borrow money through the Federal Reserve System
Difference between bank rate and discount rate

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