Exchange Currency

discount window

A tool of monetary policy that provides short-term funding to banks in the case of a shortage in liquidity resulting from disruptions to the normal banking environment. Borrowing from the discount window means that a financial institution is borrowing directly from a central bank, such as the Federal Reserve. The rates applied to the financial institutions borrowing at the discount window include the primary credit rate, secondary credit rate and seasonal credit rate. See also discount rate.

Related information about discount window:
  1. Discount window - Wikipedia, the free encyclopedia
    The discount window is an instrument of monetary policy (usually controlled by central banks) that allows eligible institutions to borrow money from the central ...
     
  2. The Federal Reserve Bank Discount Window & Payment System ...
    This is the Federal Reserve Discount Window & Payment System Risk Website. You can find Federal Reserve interest rates, including the Discount or Primary ...
     
  3. Discount Window Definition | Investopedia
    Credit facilities in which financial institutions go to borrow funds from the Federal Reserve. These loans, which are priced at the discount rate, are often ...
     
  4. Discount Window - Federal Reserve Bank of New York
    The Discount Window functions as a safety valve in relieving pressures in reserve markets; extensions of credit can help alleviate liquidity strains in a depository ...
     
  5. FRB: The Discount Rate
    The Federal Reserve Banks offer three discount window programs to depository ... (Because primary credit is the Federal Reserve's main discount window ...
     
  6. Fed Releases Discount-Window Loan Records During Crisis Under ...
    Mar 31, 2011 ... The Federal Reserve released thousands of pages of secret loan documents under court order, almost three years after Bloomberg LP first ...
     
  7. Discount Window - Financial Dictionary - The Free Dictionary
    Facility provided by the Fed enabling member banks to borrow reserves against collateral in the form of government securities or other acceptable paper.
     
  8. Discount Window | The Federal Reserve Bank of Minneapolis
    When the Federal Reserve System was established in 1913, lending reserve funds through the discount window was intended as the principal instrument of ...