BANK RATE


Meaning of BANK RATE in English

( bank rates)

The bank rate is the rate of interest at which a bank lends money, especially the minimum rate of interest that banks are allowed to charge, which is decided from time to time by the country’s central bank.

...a sterling crisis that forced the bank rate up.

N-COUNT

Collins COBUILD Advanced Learner's English Dictionary.      Английский словарь Коллинз COBUILD для изучающих язык на продвинутом уровне.