English version

bank rate

From Longman Dictionary of Contemporary English
Related topics: Banking, Economics
bank rateˈbank rate noun [countable]  BFBPEthe rate of interest charged by banks lending money, decided by a country’s main bank syn interest rate
Examples from the Corpus
bank rateSome of his decisions, in particular the one to raise the bank rate to 6 percent in July 1916, were criticized.The bank rate sets the trend for home, vehicle and other consumer loans.
From Longman Business Dictionarybank rateˈbank rateFINANCEBANKING another name for BASE RATE rate
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