Definitions
There is 1 meaning of the phrase
Bank Rate.
Bank Rate - as a noun
The discount rate fixed by a central bank
Example Sentences
"The bank rate has been increasing steadily over the past year."
"The government is considering lowering the bank rate to stimulate economic growth."
"Many borrowers are taking advantage of the low bank rate to refinance their mortgages."
"The central bank announced a surprising cut in the bank rate today."
"Investors are closely watching any changes in the bank rate as it can impact stock market performance."
