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

Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “base rate”

See all translations

base rate

noun [C] uk   us   UK specialized
a rate (= level of interest) decided by the Bank of England that banks use when deciding how much to charge for lending money: Your mortgage interest payments are two percent below the base rate.
Translations of “base rate”
in Chinese (Traditional) 基本利率…
in Chinese (Simplified) 基本利率…
(Definition of base rate from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
What is the pronunciation of base rate?
Add Cambridge dictionaries to your browser to your website

Definitions of “base rate” in other dictionaries

Word of the Day

cost/charge the earth

to cost, charge, etc. a lot of money

Word of the Day

The language of elections

by Liz Walter,
April 22, 2015
On May 7th, citizens of the UK will be going to the polls (having an election) to decide who will form the next government. This kind of election is known as a general election. The country is divided into 650 areas, called constituencies. Each constituency elects a member of parliament (MP) to

Read More 

dumbwalking noun

April 20, 2015
walking slowly, without paying attention to the world around you because you are consulting a smartphone He told me dumbwalking probably wouldn’t be a long-term problem.

Read More