bank ratenoun [ C ]
uk/ˈbæŋk ˌreɪt/us/ˈbæŋk ˌreɪt/the rate of interest set by a central bank in a country that is the lowest rate at which it lends money to other banks. This rate affects the interest rates that are then charged to customers by the banks.
the amount of interest that a bank charges when it lends money
Thesaurus: synonyms and related words
Interest & capital
- APR
- base rate
- capital
- capital intensive
- capitalization
- collateral
- fund
- interest rate
- interest-bearing
- lending rate
- money
- nest egg
- Premium Bond
- saving
- simple interest
- stock
- the purse strings idiom
- the smart money
- venture capital
- vested interest
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