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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

    blessing in disguise
    something that turns out to be good but which seemed to be bad at first
    The elderly woman was in very much pain and it was a blessing in disguise when she quietly passed away.



    1.
    He'll just have to do it ________

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