| 单词 | discount house |
| 释义 | discount house discount house1. A company or bank on the discount market that specializes in discounting bills of exchange, especially Treasury bills. discounting1. The application of discount factors to each year’s cash flow projections in a discounted cash flow appraisal calculation. discount market In the UK, the part of the money market consisting of banks, discount houses, and bill brokers. By borrowing money at short notice from commercial banks or discount houses, bill brokers are able to discount bills of exchange, especially Treasury bills, and make a profit. |
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