TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

DISCOUNT WINDOW [1 record]

Record 1 1998-12-10

English

Subject field(s)
  • Loans
  • Financial Institutions
  • Banking
DEF

The figurative expression used to refer to the Federal Reserve facility for extending credit directly to member banks and now, under the Depository Institutions Deregulation and Monetary Control Act of 1980, to any depository institution holding reservable transaction accounts or nonpersonal time deposits.

OBS

The expression arose from the procedure in earlier years of the Federal Reserve System of having representatives of the borrowing bankers come to a Federal Reserve bank teller window to obtain credit.

OBS

discount window: term and text reproduced from The Encyclopedia of Banking and Finance, Tenth Edition (1993), by Glenn G. Munn, F.L. Garcia and Charles J. Woelfel, with the permission of the copyright holder, The McGraw-Hill Companies Inc. In no event shall McGraw-Hill have any liability to any party for special, incidental, tort, or consequential damages arising out of or in connection with the use of this material.

French

Domaine(s)
  • Prêts et emprunts
  • Institutions financières
  • Banque
DEF

Ligne de refinancement autorisée auprès de l'institut d'émission américain

Spanish

Campo(s) temático(s)
  • Préstamos
  • Instituciones financieras
  • Operaciones bancarias
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