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
Pictures of the day
What are these?
Click on the pictures to check.