bank discounts (0 synonym found)

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bank discount

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Definition of bank discounts:

(n) : 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.
Definition of bank discounts:

(n) : 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.
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