Definitions
There is 1 meaning of the phrase
Bank Discount.
Bank Discount - as a noun
Interest on an annual basis deducted in advance on a loan
Synonyms (Exact Relations)
discountdiscount rateHypernyms (Closely Related)
interest raterate of interestHyponyms (Broadly Related)
Example Sentences
"The bank discount for this loan is 2.5%."
"Customers can avail of a bank discount if they pay in full within 30 days."
"The bank discount will be deducted from the total amount due."
"He received a bank discount for being a loyal customer."
"The bank offers a special bank discount for online transactions."