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bank investment contract
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Also available:
World English Dictionary
Dictionnaire Français
bank discount
bank dis·count
(
plural
bank dis·counts
)
noun
Definition:
interest deducted on loan:
the interest on a loan that is deducted from the amount borrowed at the time the loan is taken out
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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