noun ·Rare ·Advanced level

Definitions

Noun

1. 1
   A sum equal to the interest at a given rate on the principal (face) of a bill or note from the time of discounting until it becomes due.
2. 2
   interest on an annual basis deducted in advance on a loan wordnet

Synonyms

All synonyms

abatementagioallowancebreakageconcessioncut