English Dictionary

base rate

noun

(finance) A benchmark interest rate, from which other interest rates are calculated, policy rate / (UK) Especially, the interest rate at which the Bank of England lends money to commercial banks.

The base rate is set by the central bank.

意味（1）

(finance) A benchmark interest rate, from which other interest rates are calculated, policy rate

On loans to higher-risk customers, the bank charges 5% above the base rate.

意味（2）

(UK) Especially, the interest rate at which the Bank of England lends money to commercial banks.