Bank Discount Definition

noun
The interest on a loan computed in advance and deducted at the time the loan is made.
American Heritage
Interest deducted in a lump sum by a bank from a loan when the loan is made: it is computed from the date of the loan to the date of the final payment on the basis of the original amount of the loan.
Webster's New World
Synonyms:

Other Word Forms of Bank Discount

Noun

Singular:
bank discount
Plural:
bank discounts

Find Similar Words

Find similar words to bank discount using the buttons below.

Words Starting With

Words Ending With

Unscrambles

bank discount