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View synonyms for bank rate
bank rate
noun
- the rate of discount fixed by a bank or banks.
- British. the discount charge set by a central bank, as by the Bank of England.
bank rate
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Word History and Origins
Origin of bank rate1
First recorded in 1875–80
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Example Sentences
The rise of the bank rate shows that money is scarce; its fall, that money is plentiful.
From Project Gutenberg
Of late years the changes in the bank rate have been frequent, and the fluctuations even in ordinary years very severe.
From Project Gutenberg
So little had the anxieties of the autumn been anticipated that the bank rate of discount was 3% on the 1st of January.
From Project Gutenberg
On the 1st of January 1858 the bank rate was lowered to 8% and the anxiety gradually passed away.
From Project Gutenberg
The bank rate was raised to 10% and permission was given by the government to suspend the act.
From Project Gutenberg
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