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.
The Fed’s target policy rate range is 3.5% to 3.75%, while the BOE’s bank rate is 3.75%.
From The Wall Street Journal ● Jul. 23, 2026
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
Other lenders have also been lowering their rates ahead of a hoped-for central bank rate cut in August.
From BBC ● Jul. 24, 2024
Sums left on deposit are generally placed for a week or longer, and if placed for a week the rate paid on them by the banks is generally 1-1/2 per cent. below bank rate.
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.
