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Jargon Should Never Be Used in Business Writing

question 31

True/False

Jargon should never be used in business writing.


Definitions:

Discount Rate

The interest rate charged to commercial banks and other financial institutions for loans received from the Federal Reserve's discount window.

Loanable Funds

The market for borrowing and lending of capital, where savers supply funds to borrowers, usually at an interest rate.

Business Partnership

A legal form of business operation between two or more individuals who share management and profits.

Discount Rate

The interest rate charged to commercial banks and other depository institutions for loans received from the central bank.

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