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base rate

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base rate

Longman Dictionary of Contemporary English 5++朗文当代英语 5++LDOCE 5++朗文 5++
Related topics: Finance
ˈbase rate noun [countable] British English  BFin Britain, the standard rate of interest1(4), set by the Bank of England, on which all British banks base their charges 〔英格兰银行制定的〕基本利率 prime rate
Examples from the Corpus
base rateWe would levy the charge at 1 percent above the Bank base rate prevailing for the relevant period.Assume the current base rate is 10%.Money markets fear a half point base rate rise on a Tory defeat.Large corporate customers pay interest on overdrafts at the bank's base rate plus 1%.
From Longman Business Dictionarybase rateˈbase rateFINANCEBANKING the basic rate of interest charged by the BANK OF ENGLAND, that replaced the BANK RATE and the MINIMUM LENDING RATE. The rates charged by all banks on their lending rise and fall with the base rate, and this has an important influence on the economy as a whole. Bank rate and minimum lending rate are still used in Britain and other countries to talk about the base rateYou will pay 2% below the base rate for the first two years of your mortgage. rate
ˈbase rate nounChineseSyllable
Britain, standard of interest1(4), the rate in Business Corpus


base rate
ˈbase rate noun [countable] British English
in Britain, the standard rate of interest1(4), set by the Bank of England, on which all British banks base their charges ⇨ prime rate


base rateBrE /ˈbeɪs reɪt/ 🔊NAmE /ˈbeɪs reɪt/ 🔊 noun (finance 金融) a rate of interest, set by a central bank, that banks in Britain use when calculating the amount of interest that they charge on money they lend 基本利率(英国各银行使用的贷款利率,由中央银行规定)   compare prime rate