A two-part term policy (also known as a cash discount policy) has three clauses: (I) discountpercentage, (ii) discount period, and (iii) net date.
由两部分组成的政策(也被称为现金折扣政策)有三个内容：(一)折扣率，(二)优惠期，(三)净日期。
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The Fed also made an emergency cut of one-quarter of a percentage point to its discount rate (which it charges commercial Banks), to 3.25%, and extended the rate to securities firms.
After a roller-coaster week, Wall Street closed up today. The rebound comes after the Fed cut its key discount rate a half percentage point Friday morning.