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Bible Dictionaries
Bank Discount

Webster's Dictionary

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A sum equal to the interest at a given rate on the principal (face) of a bill or note from the time of discounting until it becomes due.

Bibliography Information
Webster, Noah. Entry for 'Bank Discount'. Noah Webster's American Dictionary. https://www.studylight.org/​dictionaries/​eng/​web/​b/bank-discount.html. 1828.
 
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