Meaning Of The Word Bank rate

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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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