| / English Dictionary |
BANK RATE
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
The discount rate fixed by a central bank
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("bank rate" is a kind of...):
bank discount; discount; discount rate (interest on an annual basis deducted in advance on a loan)
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