Another was to use foreign currency: the bank could lend, or accept a bill of exchange, in one currency and collect its debt in another, building a hidden rate of interest into the exchange rate.
另一个好处是他们可以利用外国货币。银行可以用一种货币借出汇票再用另一种货币来收债,暗中调高的汇率就成了银行自己的潜利润。
Discount the price of a bill of exchange after interest has been deducted . interest accumulates until maturity.
贴现汇票扣除利息后的价格。利息累积到期限结束。
Purchase of a post-dated bill of exchange or promissory note by a Bank by means of deducting non-accrued interest in advance shall be called a discount.
银行对远期汇票或本票,以折扣方式预收利息而购入者,谓贴现。
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