- base rate
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the rate of pay per unit of time, as by the hour, or per piece, or for work performed at an established standard rate. Also called basic rate.[1920-25]
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Universalium. 2010.
base rate
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base rate — Also known as the repo rate. The rate set by the Bank of England which determines how much other banks and building societies pay for loans they take out from the Bank of England. The base rate in turn affects the minimum rate at which banks are… … Law dictionary
base rate — n BrE in Britain, the standard rate of ↑interest 1(4), set by the Bank of England, on which all British banks base their charges →↑prime rate … Dictionary of contemporary English
base rate — base rates N COUNT In Britain, the base rate is the rate of interest that banks use as a basis when they are calculating the rates that they charge on loans. Bank base rates of 7 per cent are too high … English dictionary
base rate — ► NOUN ▪ the interest rate set by the Bank of England for lending to other banks, used as the basis for interest rates generally … English terms dictionary
base rate — noun the interest rate set by the Bank of England for lending to other banks • Regions: ↑United Kingdom, ↑UK, ↑U.K., ↑Britain, ↑United Kingdom of Great Britain and Northern Ireland, ↑Great Britain • Hypernyms: ↑ … Useful english dictionary
base rate — British equivalent of the US prime rate. Bloomberg Financial Dictionary * * * base rate base rate ➔ rate1 * * * base rate UK US noun [C] UK ► BANKING, FINANCE, ECONOMICS the rate of interest that is set by a central bank, and which is the lowest… … Financial and business terms
base rate — 1) The rate of interest used as a basis by banks for the rates they charge their customers. In practice most customers will pay a premium over base rate on loans and will receive below the base rate on deposits with banks. 2) An informal name for … Big dictionary of business and management
base rate — 1) The rate of interest used as a basis by banks for the rates they charge their customers. In practice most customers will pay a premium over base rate on loans and will receive below the base rate on deposits with banks. 2) An informal name for … Accounting dictionary
Base rate — In probability and statistics, base rate generally refers to the (base) class probabilities unconditioned on featural evidence, frequently also known as prior probabilities. For example, if it were the case that 1% of the public are medical… … Wikipedia
base rate — UK / US noun [countable] Word forms base rate : singular base rate plural base rates British the rate of interest that banks use to calculate how much interest to charge on money they lend to their customers fears of another rise in base rates… … English dictionary
base rate — / beɪs reɪt/ noun same as bank base rate … Dictionary of banking and finance
