Meaning of “lending rate” in the English Dictionary

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"lending rate" in British English

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(Definition of “lending rate” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"lending rate" in Business English

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lending ratenoun [ C ]


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.

(Definition of “lending rate” from the Cambridge Business English Dictionary © Cambridge University Press)

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