Vocab Bloom Hub

bank discount

/bæŋk ˈdɪskaʊnt/

Traducción: Término financiero que designa el interés que un banco descuenta por adelantado al anticipar el importe de un pagaré o efecto comercial, calculado sobre el valor nominal del instrumento.

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phrase

/bæŋk ˈdɪskaʊnt/C1formalbusiness
  • esTérmino financiero que designa el interés que un banco descuenta por adelantado al anticipar el importe de un pagaré o efecto comercial, calculado sobre el valor nominal del instrumento.

A financial term referring to the interest deducted in advance by a bank when lending money against a promissory note or bill of exchange, calculated on the face value of the instrument.

  1. Financial termC1formal

    The interest deducted in advance by a bank when lending money on a promissory note or bill of exchange.

    esDescuento bancario

    • The bank discount on the note was calculated at 6% per annum.
    • He received less than the face value due to the bank discount.
    • The company used a bank discount to secure short-term financing.