| English Dictionary |
BASE RATE
| Pronunciation (US): |  | (GB): | |
| IPA (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
Sense 1
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; 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; 'Great Britain' is often used loosely to refer to the United Kingdom)
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