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bank rate

noun

Simple Definition of bank rate

  • : the rate of interest that is charged by the banks in a particular country

Source: Merriam-Webster's Learner's Dictionary

Full Definition of bank rate

  1. :  the rate of interest that is charged by the banks in a particular country

Word by Word Definitions

bankplay
  1. :  a mound, pile, or ridge raised above the surrounding level: as

    :  a piled-up mass of cloud or fog

    :  an undersea elevation rising especially from the continental shelf

  1. :  to raise a bank about

    :  to cover (as a fire) with fresh fuel and adjust the draft of air so as to keep in an inactive state

    :  to build (a curve) with the roadbed or track inclined laterally upward from the inside edge

  1. :  an establishment for the custody, loan, exchange, or issue of money, for the extension of credit, and for facilitating the transmission of funds

    :  the table, counter, or place of business of a money changer

    :  a person conducting a gambling house or game

  1. :  to manage a bank

    :  to deposit money or have an account in a bank

    :  to deposit or store in a bank

  1. :  a group or series of objects arranged together in a row or a tier: as

    :  a set of elevators

    :  a row or tier of telephones

rateplay
  1. :  to rebuke angrily or violently

    :  to drive away by scolding

    :  to voice angry reprimands

  1. :  reckoned value :  valuation

    :  estimation

    :  a fixed quantity

  1. :  allot

    :  to set an estimate on :  value, esteem

    :  to determine or assign the relative rank or class of :  grade


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