贴现窗口的中文解释

由中央银行作为最后贷款人(lender of last resort)，以贴现率向商业银行提供资金的机制。中央银行并非一定要提供资金，因此商业银行不可将通过贴现窗口融资视为一项权利。

Discount Window的英文解释

The facility set up by central banks to provide funds to commercial banks as the 'lender of last resort'. Central banks lend at their discretion, and not as a right, to commercial banks at the discount rate.

• facility [fə´siliti]   n.容易；熟练；灵巧   (初中英语单词)
• commercial [kə´mə:ʃəl]   a.商业的 n.广告节目   (初中英语单词)
• discretion [di´skreʃən]   n.谨慎；判断(力)   (英语四级单词)
• discount [´diskaunt]   n.&vt.(打)折扣   (英语四级单词)