1 entry 1 source
Bank Discount
Open directlyWebster's 1828 Dictionary · 1828
Part of speech: noun (n.)
A sum equal to the interest at a given rate on the principal (face) of a bill or note from the time of discounting until it becomes due.
1 entry 1 source
Part of speech: noun (n.)
A sum equal to the interest at a given rate on the principal (face) of a bill or note from the time of discounting until it becomes due.