bank rate
bank rate · bank rates
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The rate of interest that a central bank charges when it lends money to another bankThe rate of interest that a central bank charges when it lends money to another bank
» The bank rate cut is expected to relieve the severe financial squeeze that has hit industry.
CM · Tatoeba · CC BY 2.0 FRMeaning
1 senses(countable, uncountable)The rate of interest that a central bank charges when it lends money to another bank
the discount rate fixed by a central bank
Examples
2 sentencesThe bank rate cut is expected to relieve the severe financial squeeze that has hit industry.
Should Algeria's central bank raise interest rates?
Forms
plural: bank rates| Singular | bank rate |
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| Plural | bank rates |
regular
Synonyms
1 synonymsWord family
1 related wordsRelatedpolicy rate
Lessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable