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bank rate

   Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia, Hutchinson 0.03 sec.
bank rate
See discount rate.


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Their figures were based on data compiled by Bank Rate Monitor, an industry trade publication.
According to Williamson, owner of Riverside Chrysler Plymouth, the rate offered by the Chrysler Credit Corporation was about two percentage points below the bank rate at the time of the interview.
During this period, the many countries that had either adopted or restored the gold standard could depend on the Bank of England to provide predictable policy in which changes in the Bank rate carefully regulated the Bank's reserve position.
 
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