ˈbase rate BrE AmE noun [countable] British English
in Britain, the standard rate of ↑ interest 1 (4), set by the Bank of England, on which all British banks base their charges ⇨ prime rate
ˈbase rate BrE AmE noun [countable] British English
in Britain, the standard rate of ↑ interest 1 (4), set by the Bank of England, on which all British banks base their charges ⇨ prime rate
Longman Dictionary of Contemporary English. Longman - Словарь современного английского языка. 2012