front door
front door
Noun | 1. | front door - exterior door (at the entrance) at the front of a building |
单词 | front door | |||
释义 | front doorfront door
front doorfront doorfront doorfront doorA regional term of art referring to the usual portal (e.g., A&E) through which a patient with an acute illness enters hospital in the UK and becomes an inpatient.front doorfront doorthe formal mechanism whereby the BANK OF ENGLAND makes loans to the DISCOUNT HOUSES when the discount houses experience temporary liquidity shortages. In this capacity as LENDER OF LAST RESORT, the Bank of England charges a penal interest rate on the loans that it makes (called BILL DISCOUNTING rate). Compared with BACK DOOR operations, where the Bank of England makes funds available to discount houses at prevailing market interest rates, a front-door operation seeks deliberately to increase interest rates across the whole banking sector. See MONETARY POLICY.front door
Synonyms for front door
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