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BASE RATE

Pronunciation (US): 

 Dictionary entry overview: What does base rate mean? 

BASE RATE (noun)
  The noun BASE RATE has 1 sense:

1. the interest rate set by the Bank of England for lending to other banks

  Familiarity information: BASE RATE used as a noun is very rare.


 Dictionary entry details 


BASE RATE (noun)


Sense 1base rate [BACK TO TOP]

Meaning:

The interest rate set by the Bank of England for lending to other banks

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("base rate" is a kind of...):

interest rate; rate of interest (the percentage of a sum of money charged for its use)

Domain region:

Britain; GB; Great Britain; U.K.; UK; United Kingdom; United Kingdom of Great Britain and Northern Ireland (a monarchy in northwestern Europe occupying most of the British Isles; divided into England and Scotland and Wales and Northern Ireland)


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