/ Dictionary / Index B bank discount: Meaning and Definition of Find definitions for: bank' dis"count Pronunciation: [key] interest on a loan, deducted in advance from the face value of the note. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. bank deposit insurance bank draft Related Content Daily Word Quiz: fabricate Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language