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Meaning of bank discount | Babel Free

Noun CEFR B2

Definitions

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.

CEFR level

B2

Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

bank effect bank engine Bank Holiday bank machine bank manager bank mix