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English definition of “lending rate”

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lending rate

noun [C]
 
 
BANKING, FINANCE, ECONOMICS
the rate of interest that a bank or other financial organization charges for borrowing money: Iceland's central bank raised its key lending rate to 13.5%.cut/raise/increase the lending rate Policymakers at the Bank of Japan have decided to cut lending rates for small businesses. →  Compare key lending rate , prime rate
Translations of “lending rate”
in Chinese (Traditional) 貸款利率…
in Chinese (Simplified) 贷款利率…
(Definition of lending rate from the Cambridge Business English Dictionary © Cambridge University Press)
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