The discount window is an instrument of monetary policy (usually controlled by central banks) that allows eligible institutions to borrow money from the central bank, usually on a short-term basis, to meet temporary shortages of liquidity caused by internal or external disruptions. The term originated with the practice of sending a bank representative to a reserve bank teller window when a bank needed to borrow money.
About Denver Prophit Jr.
Co-Founder of StrikeHawk eCommerce, Inc. Whose mission is to provide commercial open source e-Commerce through various popular open source projects such as osCommerce, Zen-Cart and others.
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