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.