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bank rate

noun
1.
the rate of discount fixed by a bank or banks.
2.
British. the discount charge set by a central bank, as by the Bank of England.
Origin
1875-1880
1875-80
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for bank rate

bank rate

noun
1.
another name for base rate (sense 2)
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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