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Discount Rate
Financial institutions can borrow from the U.S. Federal Reserve. The interest rate charged by the Federal Reserve Bank is called the discount rate; the act of borrowing is called "borrowing at the discount rate".
Copyright © 2005 UNODC - United Nations Office on Drugs and Crime.
See also: EEA countries , Executive Board , financial corporations engaged in lending , Eurosystem staff projections , primary balance |
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Banking INDEX:List of Terms: Terms beginning with "A", Page 1 |
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