base rate

English

base rate (plural base rates)

(finance) A benchmark interest rate, from which other interest rates are calculated, policy rate
On loans to higher-risk customers, the bank charges 5% above the base rate.
(UK) Especially, the interest rate at which the Bank of England lends money to commercial banks.

单词	base rate
释义	base rate English Noun base rate (plural base rates) (finance) A benchmark interest rate, from which other interest rates are calculated, policy rate On loans to higher-risk customers, the bank charges 5% above the base rate. (UK) Especially, the interest rate at which the Bank of England lends money to commercial banks. Anagrams terabase
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