bank rate


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

Examples of bank rate in a Sentence

Recent Examples on the Web The Bank of England could raise the bank rate by 50 basis points at its September meeting, depending on U.K. inflation and jobs reports due to be released next month, the strategy team at Saxo writes in a note. WSJ, 16 Aug. 2023 That suggests the recent pickup in bank rate increases is at least partly a byproduct of the SVB crisis and its ripple effects, Tumin says. Paul Davidson, USA TODAY, 27 Mar. 2023

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'bank rate.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Dictionary Entries Near bank rate

Cite this Entry

“Bank rate.” Dictionary, Merriam-Webster, Accessed 2 Dec. 2023.

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