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单词 discount day
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discount day
discount day n. Banking and Finance (originally and chiefly U.S.) (now historical) a day, esp. a particular day of the week, on which a bank discounts bills of exchange or promissory notes (see discount v. 3a).
ΚΠ
1791 Green's Reg. Connecticut 53 Until offices of discount and deposit shall be established, there shall be at least two discount days in every week.
1832 U.S. Weekly Tel. 11 June 369/1 The Messrs. Biddles had had notes discounted for them by the president, which were entered on the books of the preceding discount day.
1876 Austral. Almanac 70 Commercial Banking Company of Sydney... Discount Days, Tuesdays and Fridays.
1921 W. Mack & W. B. Hale Corpus Juris XIV. 402/1 At the next discount day it was made known to the board that the property was clear of encumbrances.
2003 H. Bodenhorn State Banking in Early Amer. ii. 29 The board would meet on its appointed discount day and vote yea or nay on each offered note or bill.
extracted from discountn.adj.
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