That interest rate is called the Discount Rate.

利率被称为贴现率。

If interest rates go up a lot, then they're in trouble because the cost of money's gonna be too high to more than offset with the merchant discount rate.

如果利率上升很多，那么他们就有麻烦了，因为资金成本太高，无法抵消商人贴现率。

Lots of people building up a nest-egg-even one that is small relative to their working incomes-creates an imbalance that can, as a result of market forces, push rates lower than their discount rates.

许多人存养老金现象--即使存下来钱相对于他们工资来说很少--造成了一衡，由于市场力，衡可能会导致利率低于其贴现率。

Because percentages are important in our life, and even to understand inflation we need to know percentages or to understand the discount, and then the skill you learn at school.

因为百分比在我们生活中很重要，甚至为了理解通货膨胀，我们需要知道百分比或贴现率，然后是你在学校学到技能。

First, by adjusting the discount rate.

首先，调整贴现率。

Many keep their valuation-work in house: a 2015 survey by Grant Thornton, a consultancy, found that only around a quarter of them sought an independent opinion on the growth and discount rates they use in their models.

许多人将他们估值工留在内部：咨询公司 Grant Thornton 2015 年一项调查发现，只有大约四分之一人就他们在模型中使增长率和贴现率寻求独立意见。

One is that the discount rates used by public plans, rather than being benchmarked to a given asset market, are instead set by external committees.

一是公共计划使贴现率，而不是以给定资产市场为基准， 而是由外部委员会设定。

Monetary policy tools include open market operations, adjusting the reserve requirement ratio, and adjusting the rediscount rate.

货币政策是中央银行调控宏观经济手段。货币政策工具包括公开市场操、调整存款准备金率和调整再贴现率。

The sum has three moving parts: the value of the current investment pot, the discount rate used to calculate the present value of future payouts, and the stream of those expected future payments.

个总额有三个变动部分：当前投资组合价值，于计算未来付款现值贴现率， 以及预期未来付款现金流。