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
BANKING, FINANCE, ECONOMICS the rate of interest that is set by a central bank, and which is the lowest rate at which it lends money to other banks. This rate affects the interest rates which are then charged to customers by the banks: The base rate currently stands at just under 1%.cut/raise, etc. the base rate The Bank of England cut the base rate by a quarter point to 3.5%. a base rate cut/increase/rise 0.95 points above/below (the) base rate →  See also bank rate , prime 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 Business English Dictionary © 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

exercise

physical activity that you do to make your body strong and healthy

Word of the Day

Byronic, Orwellian and Darwinian: adjectives from names.

by Liz Walter,
April 15, 2015
Becoming an adjective is a strange kind of memorial, but it is often a sign of a person having had real influence on the world. Science is full of examples, from Hippocrates, the Greek medic born around 460 BC, who gave his name to the Hippocratic Oath still used by doctors today,

Read More 

bio-inspiration noun

April 13, 2015
the adoption of patterns and structures found in nature for the purposes of engineering, manufacturing, science, etc. The MIT researchers actually aren’t the only robotics team to turn to cheetahs for bio-inspiration.

Read More