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Meaning of "bank rate" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF BANK RATE

bank rate play
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GRAMMATICAL CATEGORY OF BANK RATE

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Bank rate is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES BANK RATE MEAN IN ENGLISH?

Bank rate

Bank rate, also referred to as the discount rate in American English, is the rate of interest which a central bank charges on the loans and advances to a commercial bank. Whenever a bank has a shortage of funds, they can typically borrow from the central bank based on the monetary policy of the country. The borrowing is commonly done via repos, where the repo rate is the rate at which the central bank lends short-term money to the banks against securities. A reduction in the repo rate will help banks to get money at a cheaper rate. When the repo rate increases, borrowing from the central bank becomes more expensive. It is more applicable when there is a liquidity crunch in the market. The reverse repo rate is the rate at which banks can park surplus funds with reserve bank, while the repo rate is the rate at which the banks borrow from the central bank. It is mostly done when there is surplus liquidity in the market.

WORDS THAT BEGIN LIKE BANK RATE

bank charges
bank clerk
bank deposit
bank discount
bank draft
bank engine
Bank for International Settlements
Bank Giro
Bank Giro Credit
bank holiday
bank loan
bank manager
Bank of England
bank on
bank raid
bank robber
bank robbery
bank statement
bank transfer
bank vault

WORDS THAT END LIKE BANK RATE

accurate
at any rate
base lending rate
base rate
basic rate
bit rate
call rate
exchange rate
flat rate
heart rate
higher rate
hit rate
infant mortality rate
infection rate
interest rate
metabolic rate
mortality rate
mortgage rate
tax rate
unemployment rate
VAT rate

Synonyms and antonyms of bank rate in the English dictionary of synonyms

SYNONYMS

Translation of «bank rate» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF BANK RATE

Find out the translation of bank rate to 25 languages with our English multilingual translator.
The translations of bank rate from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «bank rate» in English.

Translator English - Chinese

银行利率
1,325 millions of speakers

Translator English - Spanish

tasa bancaria
570 millions of speakers

English

bank rate
510 millions of speakers

Translator English - Hindi

बैंक दर
380 millions of speakers
ar

Translator English - Arabic

سعر البنك
280 millions of speakers

Translator English - Russian

ставка банка
278 millions of speakers

Translator English - Portuguese

taxa bancária
270 millions of speakers

Translator English - Bengali

ব্যাংক রেট
260 millions of speakers

Translator English - French

taux d´escompte
220 millions of speakers

Translator English - Malay

Kadar bank
190 millions of speakers

Translator English - German

Bankrate
180 millions of speakers

Translator English - Japanese

政策金利
130 millions of speakers

Translator English - Korean

은행 환율
85 millions of speakers

Translator English - Javanese

Tingkat bank
85 millions of speakers
vi

Translator English - Vietnamese

lãi suất ngân hàng
80 millions of speakers

Translator English - Tamil

வங்கி விகிதம்
75 millions of speakers

Translator English - Marathi

बँक दर
75 millions of speakers

Translator English - Turkish

Banka kuru
70 millions of speakers

Translator English - Italian

tasso bancario
65 millions of speakers

Translator English - Polish

stopa banku
50 millions of speakers

Translator English - Ukrainian

ставка банку
40 millions of speakers

Translator English - Romanian

rata de bancă
30 millions of speakers
el

Translator English - Greek

τραπεζικό επιτόκιο
15 millions of speakers
af

Translator English - Afrikaans

bankkoers
14 millions of speakers
sv

Translator English - Swedish

bank hastighet
10 millions of speakers
no

Translator English - Norwegian

bankrente
5 millions of speakers

Trends of use of bank rate

TRENDS

TENDENCIES OF USE OF THE TERM «BANK RATE»

The term «bank rate» is regularly used and occupies the 97.032 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
55
/100
The map shown above gives the frequency of use of the term «bank rate» in the different countries.
Principal search tendencies and common uses of bank rate
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «bank rate».

FREQUENCY OF USE OF THE TERM «BANK RATE» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «bank rate» during the past 500 years. Its implementation is based on analysing how often the term «bank rate» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about bank rate

EXAMPLES

10 ENGLISH BOOKS RELATING TO «BANK RATE»

Discover the use of bank rate in the following bibliographical selection. Books relating to bank rate and brief extracts from same to provide context of its use in English literature.
1
Century of Bank Rate
71 CHAPTER III BANK RATE AND GOLD, 1859—19I4 (continued) CHEAP MONEY AND INTERIOR DEMAND, 1858—60 . . . . 77 AMERICAN ABSORPTION OF GOLD, I860—I . . . . . 78 THE CRISIS OF 1866 . . . . . . . . . 81 TEN PER CENT.
Ralph Hawtrey, 2013
2
Bank Rate in England, France, and Germany, 1844-1878
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed.
Robert Harry Inglis Palgrave, Sir, 2012
3
The Bank of England, 1891-1944
If it got above Bank Rate people could make a profit by tendering for bills and re- delivering them to the Bank. So that the Treasury Bill rate was in danger of being unduly high in relation to Bank Rate? — Yes. 5457. I suggest that that could ...
Richard Sidney Sayers, 1976
4
Together with Economics
Bank rate is the rate at which the Central Bank of a country gives credit/loans to the commercial banks. A rise in the bank rate causes an increase in the rate of interest, i.e., the cost of borrowings goes up. Higher cost of borrowing discourages ...
Dr. Subhash Aggaarwal, Yogesh Vijay
5
Everyone's Guide to the South African Economy
The interest rate involved here until March 1998 was called the bank rate (not to be confused with the BA rate). If the Reserve Bank wanted to apply a restrictive monetary policy, it would raise the bank rate. This meant that the price of credit for  ...
André Roux, 2005
6
Retail Bank Interest Rate Pass-Through: Is Chile Atypical?
Retail bank rate Norninal rates Lending Rates short-term 0.68 0.42 0.45 0.64 0 61 0.58 0.63 0.56 0.66 0.63 0.56 0.69 (17.73) (2.62) (19.8) (8.26) (21.3) (6.86) ( 22.80) (7.27) medium-term 0.54 0.51 7.67 0.57 0.84 2.39 0.58 0.88 2.21 0.58 0.88 ...
Alessandro Rebucci, Marco A. Espinosa-Vega, 2003
7
Economics: A Southern African Perspective
The Reserve Bank's discount policy, which amounts to an adjustment of the bank rate, is therefore an instrument by means of which the money supply can be controlled by varying the cost of credit. The bank rate therefore affects interest rates ...
‎1996
8
Laissez-faire Banking
The policy of using discount rate to manipulate the Bank's gold reserves can be traced to the provision of the 1833 Bank Charter Act which freed the Bank from the impact of the usury laws.51 A high Bank rate worked by attracting gold to ...
Kevin Dowd, 1996
9
A Retrospective on the Classical Gold Standard, 1821-1931
The high t-statistics for domestic yields may of course be due partly to a short-run influence from Bank rate to market rates. If the discount rate in France responded to Bank rate and the French discount rate influenced French market yields in ...
Michael D. Bordo, Anna J. Schwartz, 2009
10
Dynamics of Bank Deposits: Developing States in India
The upward revision in deposit rates has generally been followed by upward revision in the bank rate and commercial banks' lending rates. Some sort of alignment between commercial banks' lending rates and the deposit rates is essential.
Debesh Roy, 2003

10 NEWS ITEMS WHICH INCLUDE THE TERM «BANK RATE»

Find out what the national and international press are talking about and how the term bank rate is used in the context of the following news items.
1
UPDATE 2-Nigerian central bank in no mood to devalue naira …
The naira hit a record weak point of 230 to the dollar on Wednesday while the bank rate was 196.95. Investors have questioned how long the ... «Reuters, Jul 15»
2
Economists see deeper New Zealand central bank rate cuts
WELLINGTON: New Zealand's central bank is expected to unwind all of last year's rate rises by the end of the year as sliding dairy prices, ... «Economic Times, Jul 15»
3
Indian Companies Bypass Banks
... do an end-run around the country's troubled and hidebound banks, which have been slow to pass along central-bank rate cuts to customers. «Wall Street Journal, Jul 15»
4
National Bank of Poland to keep bank rate on hold
Poland's growth has improved, inflation has increased (though it remains below zero and thus far below the target), and the PLN has ... «EconoTimes, Jul 15»
5
Bank of England to hike interest rate in Q1 next year: Poll
Average earnings was one of the key planks of Governor Mark Carney's 2013 forward guidance as to when Bank Rate would increase. «Economic Times, Jul 15»
6
China markets slump despite central bank rate cut
China markets slump despite central bank rate cut. People's Bank of China cuts rates to stem sell-off amid growing fears for health of Chinese ... «The Guardian, Jun 15»
7
UPDATE 1-Chinese money rates, bond yields fall after c.bank rate
(Adds economist comments and further bond market context). SHANGHAI, June 29 (Reuters) - Chinese money rates and bond yields tumbled ... «Reuters, Jun 15»
8
German regulator says Deutsche Bank CEO Anshu Jain misled …
... to Germany's Bundesbank during investigations into manipulation of the inter-bank rate setting process, the Financial Times reported online, ... «IBNLive, Jun 15»
9
Rock Bottom Bank Savings Account Rates? There's a Better Way
This week, bank savings rates were down to 0.066%, according to the BankingMyWay weekly bank rate tracker. That's barely ahead of the rate ... «TheStreet.com, Jun 15»
10
Virgin Money pushes up rates across its fixed rate cash Isas
Bank Rate, which has remained at 0.5pc for the past six years, looks set to remain fixed for at least another year, according to the most recent ... «Telegraph.co.uk, Jun 15»

REFERENCE
« EDUCALINGO. Bank rate [online]. Available <https://educalingo.com/en/dic-en/bank-rate>. Apr 2024 ».
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