In addition, Kai is a diminutive form (Frisian) of the name Gerhard (English, German, and Scandinavian) as well as a variant (Frisian) of the name Gerard (English, French, and Dutch). See also the related form, Gaudenz (German).ai is a Dutch, Finnish, Frisian, German, Scandinavian, and Welsh name of Latin origin. It is derived from the element 'gaudere' which means to rejoice.
The discount rate is the interest rate charged to commercial banks and other depository institutions on loans they receive from their regional Federal Reserve Bank's lending facility--the discount window.
discount(Verb) To deduct from an account, debt, charge, and the like; to make an abatement of; as, merchants sometimes discount five or six per cent for prompt payment of bills. discount(Verb) To lend money upon, deducting the discount or allowance for interest; as, the banks discount notes and bills of exchange.