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 BOE is also likely to keep the bank rate on hold at 3.75% next week, “while maintaining a clear tightening bias,” said Martin Wolburg, senior economist at Generali Investments.
From The Wall Street Journal ● Jul. 23, 2026
In addition, investors have been moving past developments in the war with Iran to instead focus on central bank rate hikes and currency intervention.
From Barron's ● May 1, 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
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
Q. What does the bank rate mean; what does it govern in fact?
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.
