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bank rate |
Also found in: Financial, Wikipedia | 0.02 sec. |
bank rate n
(Economics, Accounting & Finance / Banking & Finance) another name for base rate ThesaurusLegend: Synonyms Related Words Antonyms
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Instead, they must keep central bank rates below neutral, to promote domestic growth and imports. This is comparable with bank rates and much lower than the 120 or more per cent demanded by loan sharks. But with today's battered bank rates, "asking small investors to shun stocks completely is the worst piece of advice one could give," insists Thomas O'Hara, president of the National Association of Investors Corp. |
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bank rate - the discount rate fixed by a central bank