| 释义 |
base rate
base rate n 1. (Banking & Finance) Brit the rate of interest used by individual commercial banks as a basis for their lending rates 2. (Banking & Finance) informal Brit the rate at which the Bank of England lends to the discount houses, which effectively controls the interest rates charged throughout the banking system 3. (Statistics) statistics the average number of times an event occurs divided by the average number of times on which it might occur Thesaurus| Noun | 1. |  base rate - the interest rate set by the Bank of England for lending to other banksBritain, Great Britain, U.K., UK, United Kingdom, United Kingdom of Great Britain and Northern Ireland - a monarchy in northwestern Europe occupying most of the British Isles; divided into England and Scotland and Wales and Northern Ireland; `Great Britain' is often used loosely to refer to the United Kingdominterest rate, rate of interest - the percentage of a sum of money charged for its use |
Translationsbase rate
Base rateBritish equivalent of the US prime rate.Discount RateThe interest rate at which the Federal Reserve makes short-term loans to member banks. The discount rate is an indicator of the direction in which the Federal Reserve is trying to push the broader economy. In general, a low interest rate indicates that it is trying to promote growth by making liquidity easily available, and a high interest rate shows that the Fed is concerned about inflationary pressures on the economy and trying to reduce the amount of money in the economy. Along with the sale of Treasury securities and the determining of the fed funds rate, setting the discount rate is one of the primary ways the Federal Reserve sets the monetary policy of the United States.base rate see INTEREST RATE.base rate the INTEREST RATE that is used by the COMMERCIAL BANKS to calculate rates of interest to be charged on bank loans and overdrafts to their customers. For example, a large company might be charged, say, an interest rate of base rate plus 2% on a loan, whereas a smaller borrower might be charged, say, base rate plus 4%. Formerly, base rates were linked directly to BANK RATE but are now fixed by reference to the ‘official’ rate of interest set by the MONETARY POLICY COMMITTEE of the Bank of England. See PRIME RATE.base rate
Words related to base ratenoun the interest rate set by the Bank of England for lending to other banksRelated Words- Britain
- Great Britain
- U.K.
- UK
- United Kingdom
- United Kingdom of Great Britain and Northern Ireland
- interest rate
- rate of interest
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