Definition: Discount rate

National accounts

Interest rate used to convert a future income stream to its present value.

Source:
Organisation for Economic Co-operation and Development (OECD), "Measuring Capital - OECD Manual: Measurement of Capital Stocks, Consumption of Fixed Capital and Capital Services", Annex 1: Glossary of technical terms used in the Manual, Paris, 2001

Created:
2005-02-28

Updated:
2019-05-10