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单词 base rate
释义

base raten.

Brit. /ˈbeɪs reɪt/, U.S. /ˈbeɪs ˌreɪt/
Origin: Formed within English, by compounding. Etymons: base n.1, rate n.1
Etymology: < base n.1 + rate n.1
1.
a. A standard or minimum rate or price. Cf. base price n. at base n.1 Compounds 3a.
ΘΚΠ
society > trade and finance > charges > [noun]
shotc1475
charge1817
base rate1869
1869 Jrnl. Telegr. 1 Dec. 3/3 Is there not, in the tariff scale, a uniform relation between the base rate, and the rate for additional words.
1913 Amer. Econ. Rev. 3 322 In all cases where the base rate is less than $2 per hundred, this does not occur until the weight of 100 pounds is reached.
1954 Changing Times Mar. 29/2 New rating plan for auto liability insurance... All rates have been figured on a base rate of $100.
1990 A. K. Ghose Econ. Growth & Employm. Struct. iii. 31 The rate of growth of the labour force already determines a certain base rate of movement of labour out of agriculture.
2006 N.Y. Times (National ed.) 1 Nov. a16/1 San Francisco supervisors authorized a fuel surcharge on Oct. 11, raising the ‘flag drop’, or base rate, to $3.10 from $2.85.
b. spec. A guaranteed minimum rate of pay, to which additions may be made for productivity, overtime, etc. Cf. basic rate n. (a) at basic adj. and n.1 Additions.
ΘΚΠ
society > trade and finance > fees and taxes > payment for labour or service > wage structures and scales > [noun] > rate of pay > specific
piece-rate1842
time and a half1847
time1877
base rate1889
port wages1891
trip-rate1901
time rate1902
1889 Northern Echo 29 Oct. 2/2 That an increase be made in the base rate of trapper boys and leaders.
1903 Rep. Delegates (Mosely Industr. Comm.) 60 I found the wages lower here, 26 cents being the standard, and in one shop the base rate was 23 cents only.
1923 J. D. Hackett Labor Terms in Managem. Engin. May Base Rate, the ordinary day rate of wages guaranteed, in scientific management, whether the standard task is accomplished or not.
1952 Billboard 15 Nov. 8/2 Present scale pays TV announcers a base rate of $100 per week for the first year.
2002 K. Watkins in K. Watkins & P. Fowler Rigged Rules & Double Standards vii Her base rate of pay at the factory is the official minimum of 42 colones for an eight-hour day.
2. Finance (chiefly British).
a. A rate of interest determined by a financial institution, used as a benchmark for calculating the rates available to customers.
ΘΚΠ
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
1970 Economist 22 Aug. 71/3 The finance houses have broken away from Bank rate and established their own base rate derived from the three-month interbank rate.
1971 Daily Tel. 15 Oct. 1 Barclays Bank yesterday cut its base rate for lending from 5 per cent. to 4½ p.c.
1993 National (Toronto, Ont.) Aug.–Sept. 54/2 (advt.) You're eligible for a TOTAL Line of Credit with interest charged at National Trust's base rate, if secured, or just 1% above base rate, if unsecured.
2002 Sun 25 Sept. (Cashflow Suppl.) 3/1 The mortgages, available from several banks and building societies, are pegged to bank base rates.
b. spec. The interest rate set by the Bank of England for lending to other banks, and used as the benchmark for interest rates in the United Kingdom generally. Also in extended use: an interest rate of this type set by a central government institution in a country or region other than the United Kingdom. Cf. bank rate n. (b) at bank n.3 Compounds 3, minimum lending rate n. at minimum n. and adj. Compounds 1.
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1973 Guardian 31 Oct. 17/1 (advt.) With the Bank of England's Base Rate down 1% and a similar downturn in U.S. rates, we may well be at the peak of the current interest rate boom.
1988 Economist 19 Mar. 26/1 On Thursday the Bank signalled a base-rate cut of ½%.
1995 Budapest Business Jrnl. (Nexis) Oct. 11 OTP has other sources of lending, such as household savings and current accounts, that are cheaper to the bank than the national bank's base rate.
2001 Financial Times 27 Jan. (Money section) 9/7 Low inflation and market expectations that the Bank of England would cut its base rate meant that savings rates were coming under pressure.
This entry has been updated (OED Third Edition, September 2011; most recently modified version published online December 2021).
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n.1869
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