base rate Definition in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Definition of “base rate” - English Dictionary

Definition of "base rate" - British English Dictionary

See all translations

base ratenoun [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 ​lendingmoney: Your ​mortgageinterestpayments are two ​percent below the ​baserate.
(Definition of base rate from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)

Definition of "base rate" - Business English Dictionary

See all translations

base ratenoun [C]

uk   us   UK
BANKING, FINANCE, ECONOMICS the ​rate of ​interest that is set by a ​centralbank, and which is the ​lowestrate at which it ​lendsmoney to other ​banks. This ​rate affects the ​interestrates which are then ​charged to ​customers by the ​banks: The ​baseratecurrentlystands at just under 1%.cut/raise, etc. the base rate The Bank of England ​cut the ​baserate by a ​quarterpoint to 3.5%. a baseratecut/​increase/​rise 0.95 ​points above/below (the) ​baserate
(Definition of base rate from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “base rate”
in Chinese (Simplified) 基本利率…
in Chinese (Traditional) 基本利率…
What is the pronunciation of base rate?
Add Cambridge dictionaries to your browser to your website
Word of the Day

forage

to go from place to place searching, especially for food

Word of the Day

Meerkat meme
Meerkat meme
by Colin McIntosh,
September 03, 2015
Meerkats are not new to popular culture (they appear in the folk tales of the San people of the Kalahari), but their arrival in the public’s consciousness, at least in the UK and the US, is a relatively recent phenomenon. Meerkats are small, sociable Southern African mammals that live in large family

Read More 

parklet noun
parklet noun
August 31, 2015
a public outdoor space that may be associated with a local business but where anyone can sit Pop-up cafes in NY are what’s actually called parklets in many other places around the country.

Read More