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.
tbh, rate, and dateRead more in this article about some frequently asked questions and fun facts related to our definitions.
Does your language affect your bank account?New research argues that the answer is yes. Depending on what language you speak, you are more – or less – likely to save for retirement. Your primary tongue may even affect how much you weigh. In January, M. Keith Chen, an associate professor of economics at the School of Management at Yale University, published a working paper on his research about the effect of …
- bank note,
- bank of england,
- bank of issue,
- bank on,
- bank paper,
- bank run,
- bank shot,
- bank statement,
- bank swallow,
- bank-and-turn indicator
Origin of bank rate
First recorded in 1875–80
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
Examples from the Web for bank rate
No, not quite all; for the bank-rate in England had suddenly jumped sky-high—higher, at any rate, than it had ever jumped before.The Best Short Stories of 1917|Various
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