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the Bank of England base rate

См. также в других словарях:

  • Bank of England — Bank of England …   Wikipedia

  • 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

  • Bank of England — established in 1694, the Bank of England is the central bank of the UK. It was nationalised by the Bank of England Act 1946 and acts as competent authority for the banking sector under regulatory powers conferred by the Banking Act 1987. It now… …   Law dictionary

  • bank base rate — The bank base rate is set by the Bank of England and determines the cost of borrowing money. This base rate is used by commercial banks as a reference point when setting their own base rates. An increase in the base rate will increase the rates… …   Financial and business terms

  • Bank of England — The central bank of the UK. It was established in 1694 as a private bank by London merchants in order to lend money to the state and to deal with the national debt. It came under public ownership in 1946 with the passing of the Bank of England… …   Big dictionary of business and management

  • Bank of England — The central bank of the UK. It was established in 1694 and came under public ownership in 1946. The Bank of England acts as the government s bank by providing loans and arranging borrowing through the issue of gilt edged securities. The bank… …   Accounting 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 — ► 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 …   Accounting dictionary


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