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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

    quick on the trigger
    to be quick to respond to something, to be quick to draw a gun and shoot
    The man was too quick on the trigger and should have thought more carefully about what he was going to do.



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    She hasn't phoned me for the last three weeks

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