bank rate
Interest on loans
Bank rate is the interest rate a central bank charges when lending to commercial banks.
This rate influences borrowing costs throughout an economy—when the bank rate rises, loans become more expensive; when it falls, credit loosens.
In the UK, the Bank of England's bank rate is the benchmark for mortgage and savings rates.
Americans more commonly say federal funds rate or prime rate.
- rediscountResell negotiable instruments
- inflationSustained price level increase
- monetary policyCentral bank economic controls
- tight moneyRestricted credit supply
- easy moneyProfit gained effortlessly
benchmark · basis points · money supply · short-term loans · economic indicators · economy · credit terms · APR · treasury · loan · hike · bonds · borrowing · finance · cut · capital markets · financial markets · easing
- Currency Exchangeforex, foreign exchange, currency converter, money exchange, exchange fee
- interest ratesinterest, interest charge, interest income, interest payments, compound interest
- monetary policyinflation, deflation, money supply, price level, Federal Reserve
- banking costsservice fees, service charges, overdraft fees, late fees, transaction fees
bank rateprincipal
Chief school administrator
principal amount · face value · lump sum · capital · loan balance
bank, rate, ratio, rating, banker, banking, rates, banks, banked