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bank discount

Syllabification: bank dis·count

Entry from US English dictionary

Definition of bank discount in English:

noun

Interest computed on the face value of a loan and deducted in advance from the loan by the lending bank.

Definition of bank discount in:

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Word of the day prepotent
Pronunciation: prɪˈpəʊt(ə)nt
adjective
greater than others in power or influence