bank rate

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noun
  1. the rate of discount fixed by a bank or banks.

  2. British. the discount charge set by a central bank, as by the Bank of England.

Origin of bank rate

1
First recorded in 1875–80

Words Nearby bank rate

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How to use bank rate in a sentence

British Dictionary definitions for bank rate

bank rate

noun
  1. another name for base rate (def. 2)

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012