HyperDic: base_rate

English > 1 sense of the expression base rate:
NOUNpossessionbase ratethe interest rate set by the Bank of England for lending to other banks
English > base rate: 1 sense > noun 1, possession
MeaningThe interest rate set by the Bank of England for lending to other banks.
RegionUnited Kingdom, UK, U.K., Britain, United Kingdom of Great Britain and Northern Ireland, Great BritainA monarchy in northwestern Europe occupying most of the British Isles
Broaderinterest rate, rate of interestThe percentage of a sum of money charged for its use

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