bank rate
Americannoun
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the rate of discount fixed by a bank or banks.
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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.
“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
Global bond markets experienced a significant selloff as investors reconsidered central bank rate cut bets due to war in the Middle East.
From Barron's • Mar. 20, 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
Instances occur rarely when some sudden change of position makes it essential, as at the end of 1906, when the bank rate was raised to 6 per cent. on a Friday morning.
From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur
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.
