Library / English Dictionary

    BASE RATE

    Pronunciation (US): Play  (GB): Play

     I. (noun) 

    Sense 1

    Meaning:

    The interest rate set by the Bank of England for lending to other banksplay

    Classified under:

    Nouns denoting possession and transfer of possession

    Hypernyms ("base rate" is a kind of...):

    interest rate; rate of interest (the percentage of a sum of money charged for its use)

    Domain region:

    Britain; 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 Kingdom)

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