What does discount window mean?

Definitions for discount window
dis·count win·dow

This dictionary definitions page includes all the possible meanings, example usage and translations of the word discount window.


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Wikidata

  1. Discount window

    The discount window is an instrument of monetary policy that allows eligible institutions to borrow money from the central bank, usually on a short-term basis, to meet temporary shortages of liquidity caused by internal or external disruptions. The term originated with the practice of sending a bank representative to a reserve bank teller window when a bank needed to borrow money. The interest rate charged on such loans by a central bank is called the discount rate, base rate, or repo rate, and is separate and distinct from the prime rate. It is also not the same thing as the federal funds rate and its equivalents in other currencies, which determine the rate at which banks lend money to each other. In recent years, the discount rate has been approximately a percentage point above the federal funds rate. Because of this, it is a relatively unimportant factor in the control of the money supply and is only taken advantage of at large volume during emergencies.

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Numerology

  1. Chaldean Numerology

    The numerical value of discount window in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of discount window in Pythagorean Numerology is: 4

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"discount window." Definitions.net. STANDS4 LLC, 2024. Web. 11 Oct. 2024. <https://www.definitions.net/definition/discount+window>.

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