bank rate definition, meaning - what is bank rate in the British English Dictionary & Thesaurus - Cambridge Dictionaries Online

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English definition of “bank rate”

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bank rate

noun [C] uk   us  
the rate of interest set by a central bank in a country that is the lowest rate at which it lends money to other banks. This rate affects the interest rates that are then charged to customers by the banks. the amount of interest that a bank charges when it lends money
Translations of “bank rate”
in Chinese (Traditional) 銀行利率,銀行貼現率,(尤指)最低貸率…
in Chinese (Simplified) 银行利率,银行贴现率,(尤指)最低贷率…
(Definition of bank rate from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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