Bank Base Rate

Business, Legal & Accounting Glossary

Definition: Bank Base Rate


Bank Base Rate


Full Definition of Bank Base Rate


noun a basic rate of interest, on which the actual rate a bank charges on loans to its customers is calculated. Also calledbase rate   a basic rate of interest, on which the actual rate a bank charges on loans to its customers is calculated.


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https://payrollheaven.com/define/bank-base-rate/
Modern Language Association (MLA):
Bank Base Rate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 02, 2021 https://payrollheaven.com/define/bank-base-rate/.
Chicago Manual of Style (CMS):
Bank Base Rate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/bank-base-rate/ (accessed: December 02, 2021).
American Psychological Association (APA):
Bank Base Rate. PayrollHeaven.com. Retrieved December 02, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/bank-base-rate/

Definition Sources


Definitions for Bank Base Rate are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.