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  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With D
  5. Discount Market Deposit

Discount Market Deposit

Definition of 'Discount Market Deposit'

Money deposited with a London discount house. Normally repayable at call or very short term. Clearing banks are the usual depositors.

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Related Terms

Certificate of DepositDeep DiscountCDInitial MarginDiscountProxy BetaJunior MarketMarket to Book RatioCall MoneyCFDContract For DifferenceDepositMarginMoney TransformationVariation MarginDiscount BrokerDiscount FactorDiscount HouseDiscount RateEarly-Settlement Discount

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