Definition of Private discount

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TeachMeFinance.com - explain Private discount




historic definition...

Private discount -- In foreign money markets this is the rate of discount quoted by others than the national or government banks; it is usually designated as open market discount; see Open market discount.



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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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