bank rate in English
noun
1
the rate of discount set by a central bank.
Two weeks ago, the central bank reduced its bank rate by 25 basis points to 7.50%.
Use "bank rate" in a sentence
Below are sample sentences containing the word "bank rate" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "bank rate", or refer to the context using the word "bank rate" in the English Dictionary.
1. Ln[RCBR]t-1 is the real central bank rate, lagged one year.
2. The changes in the bank rate are, therefore, followed by changes in all other rates as the money market.
3. Bank of England, bank of issue, bank on, bank paper, bank rate, Bankroll, Bankroller, bank run, bankrupt, bankruptcy, bankruptcy order
4. Since January, the Bank has cut the Bank Rate by a total of 100 basis points to support growth in aggregate demand.