bank discount

bank dis·count

B b

Transcription

- US Pronunciation
- US IPA
- [bangk verb dis-kount, dis-kount]
- /bæŋk verb ˈdɪs kaʊnt, dɪsˈkaʊnt/

- US Pronunciation
- US IPA
- [bangk verb dis-kount, dis-kount]
- /bæŋk verb ˈdɪs kaʊnt, dɪsˈkaʊnt/

Definitions of bank discount words

noun bank discount interest on a loan deducted from the principal amount when the loan is made and based on the loan's face value 3
noun bank discount 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 3
noun bank discount interest on a loan, deducted in advance from the face value of the note. 1
noun bank discount 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. 0

See all 4 definitions of bank discount

Information block about the term

Origin of bank discount

First appearance:

before 1905

One of the 15% newest English words

First recorded in 1905-10

Historical Comparancy

Parts of speech for Bank discount

noun

adjective

verb

adverb

pronoun

preposition

conjunction

determiner

exclamation

Full grammatical hierarchy of Bank discount

bank discount popularity

A pretty common term. Usually people know it’s meaning, but prefer to use a more spread out synonym. About 34% of English native speakers know the meaning and use word.

According to our data about 57% of words is more used. This is a rare but used term. It occurs in the pages of specialized literature and in the speech of educated people.

bank discount usage trend in Literature

This diagram is provided by Google Ngram Viewer

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