Definitions for bank rate
bank rate

Princeton's WordNetRate this definition:4.0 / 1 vote

1. bank ratenoun

   the discount rate fixed by a central bank

WiktionaryRate this definition:0.0 / 0 votes

1. bank ratenoun

   The rate of interest that a central bank charges when it lends money to another bank

ChatGPTRate this definition:0.0 / 0 votes

1. bank rate

   The bank rate, also known as the discount rate, is the interest rate that a central bank charges commercial banks for loans and advances. It is set by the central bank of a country as part of its monetary policy and used as a tool to control the economy's money supply and inflation. Higher bank rates can discourage borrowing, while lower rates can encourage it.

WikidataRate this definition:0.0 / 0 votes

1. Bank rate

   Bank rate, also referred to as the discount rate, is the rate of interest which a central bank charges on the loans and advances to a commercial bank. Whenever a bank has a shortage of funds they can typically borrow it from the central bank based on the monetary policy of the country. The borrowing is commonly done via Repos where the Repo rate is the rate at which the central bank lends short-term money to the banks against securities. A reduction in the repo rate will help banks to get money at a cheaper rate. When the repo rate increases borrowing from the central bank becomes more expensive. It is more applicable when there is a liquidity crunch in the market. The reverse repo rate is the rate at which the banks can park surplus funds with reserve bank, while the repo rate is the rate at which the banks borrow from the central bank. It is mostly done when there is surplus liquidity in the market.

Matched Categories

1. • Discount Rate

Anagrams for bank rate »

1. Bratanek

How to pronounce bank rate?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

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   British

   Wendy

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   South African

How to say bank rate in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of bank rate in Chaldean Numerology is: 4

2. Pythagorean Numerology

   The numerical value of bank rate in Pythagorean Numerology is: 9

Examples of bank rate in a Sentence

1. Elvis Picardo:

   The bond markets are forcing investors' hands, they are making a move ahead of any central bank rate hikes that may or may not come over the next year or two, with higher yields you're paying more for debt.

2. Wednesday Weale:

   If wage growth continues to accelerate over the next few months, especially in the absence of a pick-up in productivity, then for me it strengthens the case for a rise in Bank Rate.

3. Mark Carney:

   This is a big package. It's a big package. It is a big deal to cut the CCYB by as much as the FPC did. It's a huge term funding certainty for the financial sector, 100 billion at bank rate, with additional incentives and potentially could be substantially increased depending on the lending path of the economy, and on top of it there are fiscal measures that are coming. We have direct line of sight of the relevant bits of the budget. That's part of the coordination.

4. Benjamin Nabarro:

   This means getting rates well into restrictive territory, and quickly, should signs of more embedded inflation emerge, we think Bank Rate of 6-7 % will be required to bring inflation dynamics under control. For now though, we continue to think evidence for such effects are limited with increases in unemployment still more likely to allow the MPC to pause around the turn of the year.

5. Wednesday Weale:

   Compared with the Autumn, when I was voting for an increase in Bank Rate, the fall in oil prices has certainly provided some unexpected breathing space. It is, however, at present no more than that.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=bank rate
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Bank_Rate
3. ^ ChatGPT
   https://chat.openai.com
4. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=bank rate