discount market


discount market
/'dɪskaυnt ˌmɑ:kɪt/ noun
a market for borrowing and lending money, through Treasury bills, certificates of deposit, etc.

Dictionary of banking and finance. 2015.

Look at other dictionaries:

  • discount market — ➔ market1 * * * discount market UK US noun [S] ► FINANCE in the UK, the part of the financial system in which bills of exchange are bought and sold at a reduced price: »We accept Bills of Exchange and arrange for them to be discounted on the… …   Financial and business terms

  • discount market — noun : an open market in which negotiable instruments (as acceptances, bills, and notes) are discounted compare bank discount * * * a trading market in which notes, bills, and other negotiable instruments are discounted. [1890 95] * * * discount… …   Useful english dictionary

  • discount market — In the UK, the part of the money market consisting of banks, discount houses, and bill brokers. By borrowing money at short notice from commercial banks or discount houses, bill brokers are able to discount bills of exchange, especially Treasury… …   Accounting dictionary

  • discount market — In the UK, the part of the money market consisting of banks, discount houses, and bill brokers By borrowing money at short notice from commercial banks or discount houses, bill brokers are able to discount bills of exchange, especially Treasury… …   Big dictionary of business and management

  • discount market — a trading market in which notes, bills, and other negotiable instruments are discounted. [1890 95] * * * …   Universalium

  • market — Usually refers to the equity market. The market went down today means that the value of the stock market dropped that day. Bloomberg Financial Dictionary * * * ▪ I. market mar‧ket 1 [ˈmɑːkt ǁ ˈmɑːr ] noun 1. [countable] COMMERCE the activity of… …   Financial and business terms

  • discount — In a general sense, an allowance or deduction made from a gross sum on any account whatever. In a more limited and technical sense, the taking of interest in advance. A deduction from an original price or debt, allowed for paying promptly or in… …   Black's law dictionary

  • discount — In a general sense, an allowance or deduction made from a gross sum on any account whatever. In a more limited and technical sense, the taking of interest in advance. A deduction from an original price or debt, allowed for paying promptly or in… …   Black's law dictionary

  • discount — 1) A deduction from a bill of exchange when it is purchased before its maturity date. The party that purchases (discounts) the bill pays less than its face value and therefore makes a profit when it matures. The amount of the discount consists of …   Big dictionary of business and management

  • Market Discount — The difference between the face value of a bond issued at par and the current below par market price, plus any original issue discount. Market discounts occur when interest rates rise, thus causing bond prices in the secondary market to fall.… …   Investment dictionary