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discount rate

n.
1.the rate of interest set by the Federal Reserve that member banks are charged when they borrow money through the Federal Reserve System
2.interest on an annual basis deducted in advance on a loan

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    Idiom of the Day

    for one's (own) sake
    for one's benefit
    I told my aunt that for her own sake she must stop smoking.



    1.
    Eventually the police arrived and were pleased to see Charlie was still all right and in ________ piece.

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