discount house

NOUN
  1. a sales outlet offering goods at a discounted price
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How To Use discount house In A Sentence

  • As prices fall further, bank loans turn sour, and one or more mercantile houses, banks, discount houses, or brokerages fail.
  • Bank Rate was the rate at which discount houses could borrow from the Bank in order to meet any shortage of liquidity.
  • Open market operations are made via the discount houses, but can also be conducted directly with the major clearing banks.
  • However, the shortage of liquidity is transferred to the discount houses and the discount market.
  • Discount houses have borrowing facilities at the Bank, with limits related to the capital base of each discount house.
  • As the volume of Treasury bills declined in the 1970s the discount houses facilitated the rapid growth in the commercial bill market.
  • The market developed in the 1960s, involving firstly overseas banks, later merchant banks and discount houses.
  • At maturity the Discount House will collect the face value of the bill from the acceptor.
  • Discount houses have borrowing facilities at the Bank(Sentence dictionary), with limits related to the capital base of each discount house.
  • Bank Rate was the rate at which discount houses could borrow from the Bank in order to meet any shortage of liquidity.
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