ALL meanings of base rate
base rate
B b - countable noun base rate 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. 3
- noun base rate the rate of interest used by individual commercial banks as a basis for their lending rates 3
- noun base rate the rate at which the Bank of England lends to the discount houses, which effectively controls the interest rates charged throughout the banking system 3
- noun base rate the average number of times an event occurs divided by the average number of times on which it might occur 3
- noun base rate interest rate used to calculate bank lending rate 1
- noun base rate wages: rate of pay per unit of time or piece 1
- noun base rate interest rate established by Bank of England 1
- noun base rate the rate of pay per unit of time, as by the hour, or per piece, or for work performed at an established standard rate. 1