Meaning Of The Word Bank rate

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What's the definition of Bank rate? Find Bank rate meanings, definitions and more at the Real Dictionary online.

Bank rate Meaning

Bank rate Definition
Bank rate Definition

What's The Definition Of Bank rate?

bank rate
countable noun: The bank rate is the rate of interest at which a bank lends money, especially the minimum rate of interest that banks are allowed to charge, which is decided by the country's central bank.

bank rate in British English
noun
noun: the rate of discount fixed by a bank or banks

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