bank rate

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bank rate

n.
The rate of discount established by a country's central bank.

bank rate

n
(Banking & Finance) another name for base rate2
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.bank rate - the discount rate fixed by a central bankbank rate - the discount rate fixed by a central bank
bank discount, discount, discount rate - interest on an annual basis deducted in advance on a loan
Translations

bank rate

ntasso ufficiale di sconto
References in periodicals archive ?
Savanna will focus on sniffing out the best consumer bank rates available for savers and borrowers nationally.
The RBI regulates the important bank rates to maintain a sound financial health of the country.
Kasekende stated that the central Bank would increase the ban to for CBR to 4 points and try to keep the seven days inter Bank rates within the ban.
Traditionally it has used bank rates to set market rates indirectly due to its effect on inter-bank rates but this mechanism no longer works.
com finds that Chicago Bank Rates have actually increased over a six-month period.
This deal increases our ability to help our audience select the best bank rates for their individual needs, while attracting even more traffic," said James R.
The article continues by recommending that consumers use Bradford Bank rates to benchmark their own shopping research.
Among them: BuyersZone, the only online comparative guide to small business products and services; Business Funding Service, which matches your company with suitable financiers based on criteria you specify; Bank Rate Monitor, the nation's premier surveyor of consumer bank rates, which now is conducting a similar survey of deposit rates and credit cards for small companies; CCH, which provides in-depth guides on the nuts and bolts of running a company; PriceScan, which helps you find the best price on consumer hardware and software; and Intershipper, a pricing guide to the best rates on overnight shipping services.
Relied on by the Federal Reserve, national news media and financial institutions, BRM has been tracking bank rates and the banking industry for more than 20 years.