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base rate

   Also found in: Financial, Wikipedia 0.03 sec.
base rate
n
1. (Economics, Accounting & Finance / Banking & Finance) Brit the rate of interest used by individual commercial banks as a basis for their lending rates
2. (Economics, Accounting & Finance / Banking & Finance) Brit informal the rate at which the Bank of England lends to the discount houses, which effectively controls the interest rates charged throughout the banking system
3. (Mathematics & Measurements / Statistics) Statistics the average number of times an event occurs divided by the average number of times on which it might occur
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.base rate - the interest rate set by the Bank of England for lending to other banks
Britain, Great Britain, U.K., UK, United Kingdom, United Kingdom of Great Britain and Northern Ireland - a monarchy in northwestern Europe occupying most of the British Isles; divided into England and Scotland and Wales and Northern Ireland; `Great Britain' is often used loosely to refer to the United Kingdom
interest rate, rate of interest - the percentage of a sum of money charged for its use
Translations
base rate n (Fin) → tasso base
base rate n (Fin) → tasso base


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For example, the base rate for one workstation is $5,000, and with an enrollment of 10,000 students, a school can expect a price of $15,000.
Strength of a Moose by Varughese, Julie A. / University Business
Subsidiaries of Farmers Group have filed for base rate cuts of between 0.
A welcome reprieve: auto rates are leveling out as claims volume ... by Lehmann, R.J. / Best's Review
I'M not sure that we can fix the revenue stream, but we can have a base rate of income.
Voices by Braun, Janna / Los Angeles Business Journal
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