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.
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
“This is one of the factors that will guide our monetary policy stance and interest-rate decisions in the months ahead,” the central bank rate setter said.
From The Wall Street Journal • Jan. 28, 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
A. The rates for discount and loan transactions at the bank usually approximate more or less closely to the 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.
