bank rate
Americannoun
-
the rate of discount fixed by a bank or banks.
-
British. the discount charge set by a central bank, as by the Bank of England.
noun
Etymology
Origin of bank rate
First recorded in 1875–80
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Precious metals previously gained on hopes of central bank rate cuts and reduced gold reserve sales following the truce.
From Barron's • Apr. 9, 2026
“Government bonds are rallying as inflation worries fade and markets begin to abandon bets on further central bank rate hikes,” said Kallum Pickering, chief economist at Peel Hunt.
From MarketWatch • Apr. 8, 2026
India’s central bank rate meets Wednesday as policymakers look to balance growing downside risks to the economy from the Middle East conflict against the threat of an inflationary shock and weakness in the rupee.
From The Wall Street Journal • Apr. 3, 2026
The bank rate – which is the benchmark interest rate – is expected to fall further, according to independent forecasters at the Office for Budget Responsibility.
From BBC • Oct. 30, 2024
The bank rate now rose to 10 per cent. as against 9 per cent. in that year, and the bank reserve of bullion was alarmingly depleted.
From The Letters of Queen Victoria : A Selection from Her Majesty's Correspondence between the Years 1837 and 1861 Volume 3, 1854-1861 by Benson, Arthur Christopher
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
