单词 | bank rate |
释义 | > as lemmasbank rate bank rate n. (a) any rate of interest charged by a bank; (b) (often with capital initial, sometimes also without article) the rate set by the Bank of England for discounting first-class bills of exchange (replaced in October 1972 by the minimum lending rate; see minimum n. and adj. Compounds 1); also more fully bank rate of discount; now historical; (c) (now usually) the interest rate set by any central bank (including the Bank of England) for lending to other banks in the banking system; = base rate n. 2. ΘΚΠ society > trade and finance > financial dealings > types of money-dealing > [noun] > use of bills of exchange > discounting > rate of discounting bank rate1740 discount rate1827 society > trade and finance > financial dealings > moneylending > [noun] > moneylending at interest > interest > rate of interest prime rate1815 usage1822 mortgage rate1898 savings rate1904 saving rate1905 discount rate1913 base lending rate1933 prime lending rate1951 interest-rate1959 base rate1970 minimum lending rate1972 MLR1972 prime1973 bank rate1974 LIBOR1974 subprime1976 Euribor1997 1740 H. Vans Inq. Nature & Uses of Money 39 The Man that wants a Credit may either purchase it at the Bank Rate, or the Market Rate, as he can make the best Bargain. 1819 Philadelphia Reg. & National Recorder 19 June 403/2 If the whole amount authorized be issued and be too much, interest out of doors will fall below the bank rate. 1826 T. Tooke State of Currency iii. 75 One of the great difficulties..has arisen from the uniformity of the bank rate of discount, while the market-rate of interest has been subject to frequent and sometimes great variations. 1863 H. Fawcett Man. Polit. Econ. iii. vi. 355 The value of money is considered to be represented by the bank rate of discount. 1930 Economist 1 Feb. 239/2 A year of dear money, when Bank rate averaged a full one per cent. above the level of 1928. 1972 Daily Tel. 10 Oct. 17/2 Bank rate is no more. As from Friday..[it] will be superseded by a new rate linked by a direct formula to market rates. 1974 Latin Amer. 1 Mar. 67/1 Colombia: The government has raised bank rates from 14 to 16 per cent in an effort to control the rate of inflation. 1984 C. M. Choudhary Bank Rate & Credit Control in India iii. 43 The Reserve Bank of India raised the Bank Rate from 9 per cent to 10 per cent on 11th July 1981. 2008 Daily Tel. 3 Dec. (Business section) b3/1 If the bank rate falls by more than a quarter of a point on Thursday..about half of the borrowers with a collared tracker mortgage will definitely not see the full benefit. < as lemmas |
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