Bank Rate

Business, Legal & Accounting Glossary

Definition: Bank Rate


Bank Rate


Full Definition of Bank Rate


1. The interest rate charged by a bank for loans. 2. The discounted interest rate at which a central bank makes loans to a national bank. See Federal Reserve.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/bank-rate/
Modern Language Association (MLA):
Bank Rate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 03, 2021 https://payrollheaven.com/define/bank-rate/.
Chicago Manual of Style (CMS):
Bank Rate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/bank-rate/ (accessed: December 03, 2021).
American Psychological Association (APA):
Bank Rate. PayrollHeaven.com. Retrieved December 03, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/bank-rate/

Definition Sources


Definitions for Bank 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: 14th November, 2021 | 0 Views.