Word | Noun | Adjective | Verb | Adverb |
---|---|---|---|---|
rate of interest | Yes | No | No | No |
discount rate | Yes | No | No | No |
rate of interest (noun) | discount rate (noun) |
---|---|
the percentage of a sum of money charged for its use | 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 |