Meaning Of The Word Base rate

Real Dictionary

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

Base rate Meaning

Base rate Definition
Base rate Definition

What's The Definition Of Base rate?

base rate
countable noun: In Britain, the base rate is the rate of interest that banks use as a basis when they are calculating the rates that they charge on loans.

base rate in American English
noun: the rate of pay per unit of time, as by the hour, or per piece, or for work performed at an established standard rate

base rate in British English
noun: the rate of interest used by individual commercial banks as a basis for their lending rates

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