Reference Rate

Business, Legal & Accounting Glossary

Definition: Reference Rate


Reference Rate


Full Definition of Reference Rate


Interest rate standard used to determine the interest rate of mortgage loans, floating-rate securities and other financial transactions. The reference rate is benchmark rate with additional fixed amounts added based on individual contracts.


Cite Term


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Page URL
https://payrollheaven.com/define/reference-rate/
Modern Language Association (MLA):
Reference Rate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 14, 2025 https://payrollheaven.com/define/reference-rate/.
Chicago Manual of Style (CMS):
Reference Rate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/reference-rate/ (accessed: March 14, 2025).
American Psychological Association (APA):
Reference Rate. PayrollHeaven.com. Retrieved March 14, 2025
, from PayrollHeaven.com website: https://payrollheaven.com/define/reference-rate/

Definition Sources


Definitions for Reference 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: 16th November, 2021 | 0 Views.