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单词 discount market
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discount market
discount market n. Banking and Finance the section of the financial market (esp. that of the City of London) which deals in bills of exchange and other negotiable instruments, consisting chiefly of banks, bill brokers, and discount houses.
ΚΠ
1826 Morning Chron. 21 Jan. A period, which the prospect in the Discount Market will render ruinous to some.
1922 W. F. Spalding London Money Market vii. 106 The discount market is one of the most important sections of the London Money Market.
2009 B. Scarlett Performance Operations (CIMA Official Learning System) ix. 419 Commercial paper is negotiable, so the bills can be sold on the discount market at any time before their maturity date.
extracted from discountn.adj.
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