front door


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front door

the formal mechanism whereby the BANK OF ENGLAND makes loans to the DISCOUNT HOUSES when the discount houses experience temporary liquidity shortages. In this capacity as LENDER OF LAST RESORT, the Bank of England charges a penal interest rate on the loans that it makes (called BILL DISCOUNTING rate). Compared with BACK DOOR operations, where the Bank of England makes funds available to discount houses at prevailing market interest rates, a front-door operation seeks deliberately to increase interest rates across the whole banking sector. See MONETARY POLICY.
References in periodicals archive ?
Popping up again at the end of the following month he installed a kitchen and hung a front door.
10am on Wednesday, April 30, when thieves got into a house in Jubilee Court in Bensham, Gateshead, through the unlocked front door.
8220;First Front Door helps us secure financing for more first-time homebuyers.
Stephen Graham, crew manager at Stockton fire station, said: "Someone had maliciously set fire to his front door.
Why not take time to think about what difference a simple door, when it is smart, bright and stylish, can make to your home - and what you can do if, on closer inspection, your front door is not smart or bright or stylish.
The front door and trim were a depressing ''yucky cream color,'' says Williamson.
75 model-2010 of this unit HQ/29 BN CRPF Rwalpora Srinagar, Kashmir - Had light Assy, Indicater assy, Wiper blade with Arms, Wiper motor with linkage, Wiper wheel box with nozzle, Front wind screen glass, Front Grill Plastic, Front Door Glass, Door Glass regulator Handle, etc.
Summary: Shoppers at a Goodwill Store in New Jersey got a special visitor this week when a deer came crashing through the front door.
31, 2011 /PRNewswire/ -- PowerDirect Marketing, a leading front-door marketing firm, today announced expanded use of its technology-based front door media in shopper marketing programs developed by their Consumer Packaged Goods (CPG) clients.
Owner Hannah Smith said she discovered her pet's talent when she let him out of the front door downstairs, only for him to reappear indoors moments later.
Veronica and Donald Martin were fast asleep when officers smashed down their front door, and caused thousands of pounds of damage by kicking in other doors within the house.