Encyclopedia - Business/Economics Category

Business/Economics - learn from the smartest.

Upgrade to Britannica Online

Take a tour, New improved britannica online

Imagine Britannica's 32-volume encyclopedia online right there for you, plus full access to articles. Amazing content, written by world experts, that you can cite for projects and assignments.

Click here for Britannica shop

discount rate

or bank rate

discount rate extract from Britannica Online.

Interest rate charged by a central bank for loans of reserve funds to commercial banks and other financial intermediaries. The discount rate is one important indicator of the condition of monetary policy in an economy. Because raising or lowering the discount rate alters the rates that commercial banks charge on loans, adjustment of the discount rate is used as a tool to combat recession and inflation.

discount rate is one of 26,000 free short articles on Britannica Philippines

Find more information on discount rate. Upgrade to Britannica Online for more on discount rate.

  • Get more

  • M?ss?ng more?

    Subscribers see 10 times more content. Just US $69.95 per year

  • Britannica, just as colourful as The Philippines
  • There's more to Britannica Online than words! Discover photos, graphics, videos, charts, as well as thousands of expert views and articles by the world's leading scholars.