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Kids are starting at such a low base rate in terms of fitness that it's taking them years to catch up to where people like me started from. Every little bit is making it more difficult for kids to succeed on a world stage.
Daley Thompson

Meaning of "base rate" in the English dictionary

Dictionary
DICTIONARY
section

PRONUNCIATION OF BASE RATE

base rate play
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GRAMMATICAL CATEGORY OF BASE RATE

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Base 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 BASE RATE MEAN IN ENGLISH?

Base rate

In probability and statistics, base rate generally refers to the class probabilities unconditioned on featural evidence, frequently also known as prior probabilities. In plainer words, if it were the case that 1% of the public were "medical professionals", and 99% of the public were not "medical professionals", then the base rate of medical professionals is simply 1%. In science, particularly medicine, the base rate is critical for comparison. It may at first seem impressive that 1000 people beat their winter cold while using 'Treatment X', until we look at the entire 'Treatment X' population and find that the base rate of success is actually only 1/100. The treatment's effectiveness is clearer when such base rate information is available. Note that controls may likewise offer further information for comparison; maybe the control groups, who were using no treatment at all, had their own base rate success of 5/100. Controls thus indicate that 'Treatment X' actually makes things worse, despite that initial proud claim about 1000 people. The normative method for integrating base rates and featural evidence is given by Bayes rule.

Definition of base rate in the English dictionary

The first definition of base rate in the dictionary is the rate of interest used by individual commercial banks as a basis for their lending rates. Other definition of base rate is the rate at which the Bank of England lends to the discount houses, which effectively controls the interest rates charged throughout the banking system. Base rate is also the average number of times an event occurs divided by the average number of times on which it might occur.

WORDS THAT BEGIN LIKE BASE RATE

base camp
base clause
base coat
base component
base form
base head
base hospital
base jumping
base lending rate
base level
base line
base load
base metal
base pairing
base period
base rate fallacy
base speed
base station
base unit
base year

WORDS THAT END LIKE BASE RATE

accurate
at any rate
basal metabolic rate
base lending 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 base rate in the English dictionary of synonyms

SYNONYMS

Translation of «base rate» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF BASE RATE

Find out the translation of base rate to 25 languages with our English multilingual translator.
The translations of base 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 «base rate» in English.

Translator English - Chinese

基准利率
1,325 millions of speakers

Translator English - Spanish

tasa base
570 millions of speakers

English

base rate
510 millions of speakers

Translator English - Hindi

आधार दर
380 millions of speakers
ar

Translator English - Arabic

سعر الأساس
280 millions of speakers

Translator English - Russian

базовая ставка
278 millions of speakers

Translator English - Portuguese

taxa básica
270 millions of speakers

Translator English - Bengali

ভিত্তি দর
260 millions of speakers

Translator English - French

taux de base
220 millions of speakers

Translator English - Malay

Kadar asas
190 millions of speakers

Translator English - German

Basiszinssatz
180 millions of speakers

Translator English - Japanese

基準率
130 millions of speakers

Translator English - Korean

기본 요금
85 millions of speakers

Translator English - Javanese

Tingkat basa
85 millions of speakers
vi

Translator English - Vietnamese

lãi suất cơ bản
80 millions of speakers

Translator English - Tamil

அடிப்படை விகிதம்
75 millions of speakers

Translator English - Marathi

आधार दर
75 millions of speakers

Translator English - Turkish

Baz oranı
70 millions of speakers

Translator English - Italian

tasso di base
65 millions of speakers

Translator English - Polish

stopa bazowa
50 millions of speakers

Translator English - Ukrainian

базова ставка
40 millions of speakers

Translator English - Romanian

rata de bază
30 millions of speakers
el

Translator English - Greek

το βασικό επιτόκιο
15 millions of speakers
af

Translator English - Afrikaans

basis koers
14 millions of speakers
sv

Translator English - Swedish

basräntan
10 millions of speakers
no

Translator English - Norwegian

base rate
5 millions of speakers

Trends of use of base rate

TRENDS

TENDENCIES OF USE OF THE TERM «BASE RATE»

The term «base rate» is very widely used and occupies the 17.721 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Very widely used
92
/100
The map shown above gives the frequency of use of the term «base rate» in the different countries.
Principal search tendencies and common uses of base rate
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «base rate».

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

The graph expresses the annual evolution of the frequency of use of the word «base rate» during the past 500 years. Its implementation is based on analysing how often the term «base 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 base rate

EXAMPLES

QUOTES WITH «BASE RATE»

Famous quotes and sentences with the word base rate.
1
Daley Thompson
Kids are starting at such a low base rate in terms of fitness that it's taking them years to catch up to where people like me started from. Every little bit is making it more difficult for kids to succeed on a world stage.

10 ENGLISH BOOKS RELATING TO «BASE RATE»

Discover the use of base rate in the following bibliographical selection. Books relating to base rate and brief extracts from same to provide context of its use in English literature.
1
Forensic Management of Sexual Offenders
If we hear that the base rate for sexual recidivism is l0%, it most likely means that l0% of a group of sexual offenders can be expected to reoffend within l year of discharge. The base rate naturally will increase as the time period increases.
Robert Alan Prentky, Ann Wolbert Burgess, 2000
2
The Code of Federal Regulations of the United States of America
may, in any order issued pursuant to this paragraph, impose such limitations and order such compliance procedures and reports as it deems appropriate. (2) The base rate with respect to an advertising unit may be increased only to recover on  ...
3
Code of Federal Regulations: LSA, list of CFR sections affected
Base rate * 2.5% ad va1 . Base rate ♢ 4.3% ad va1 . Base rate ♢ 2.3% ad va1 . Base rate ♢ 4.7% ad va1 . Base rate ♢ 6.6% ad va1. Base rate ♢ 2.3% ad va1 . Base rate ♢ 4.7% ad va1 . Base rate ♢ 6.6% ad val. Base rate ♢ 4.7% ad val . Base rate ...
4
Economics
Bank base rates BANK BASE RATE is the rate of interest around which the main UK banks fix their lending and borrowing rates. Customers who lend money (i.e. deposit money) with a bank will get a rate of interest less than the base rate.
Anderton
5
Proceedings of the Twentieth Annual Conference of the ...
Abstract This paper examines the naive Bayesian model and extensions of it to account for the effects of base rate neglect and inverse base rates. These are human categorization phenomena in which base rate information appears to be ...
Morton Ann Gernsbacher, Sharon J. Derry, 1998
6
Assessment of Malingered Neuropsychological Deficits
Base Rates of Malingering The expansion of research on malingering has yielded important information on the base rate or frequency of occurrence of malingering. Mittenberg, Patton, Canyock, and Condit (2002) surveyed American Board of ...
Glenn J. Larrabee, 2007
7
Observational Measurement of Behavior
Using an exhaustive 2×2 agreement matrix as the context, it has been shown many times by experts in many fields that the probable range of kappa varies greatly when the occurrence base rate of a target behavior is much less than or much ...
Paul Yoder PhD, Frank Symons PhD, 2010
8
ASSESSING SEX OFFENDERS: Problems and Pitfalls
We must also know the base rate of recidivism in the group from which the commitment class is selected (the prison-release class). Recall that the base rate is the proportion of those in the prison release-class who would recidivate if they are ...
Terence W. Campbell, 2007
9
Tariff Negotiations and Renegotiations Under the GATT and ...
F. Base Date and Base Rate 1 . Since negotiations on tariffs have generally resulted in agreement on the extent of reduction, the base rate and base date were a particularly sensitive matter in the initial rounds of negotiations under GATT 1947 ...
Anwarul Hoda, 2001
10
Behavioral Management Accounting
M, an investigation is signaled if PJy > yc) < 1 - This normative L - M accounting control model rests therefore on a proper estimation of the actual base rate, PJy > yc). But can the actual base rate be estimated? From the psychological literature  ...
Ahmed Riahi-Belkaoui, 2002

10 NEWS ITEMS WHICH INCLUDE THE TERM «BASE RATE»

Find out what the national and international press are talking about and how the term base rate is used in the context of the following news items.
1
Tofino mulls lower proposed base rates for residential water users
Non-residential users would be charged a quarterly base rate of $40 without an allowance and would pay per cubic metre used—$1.30 in ... «Westerly News, Jul 15»
2
More base rate cut only after credit growth picks up: SBI chief
“As I said, we have lowered the base rate and taken the first step. The next step should be credit growth. When that happens then we can ... «Hindu Business Line, Jul 15»
3
Kotak Mahindra Bank lowers base rate to 9.75%
"Kotak Bank has reduced its base rate from current level of 9.85 percent per annum to 9.75 percent per annum with effect from July 2," the ... «Moneycontrol.com, Jul 15»
4
Lakshmi Vilas Bank reduces Base Rate by 15 bps
Lakshmi Vilas Bank (LVB), the private sector lender has reduced its minimum rate of lending or the Base Rate by 15 basis points (bps) from ... «Mint Market Info, Jul 15»
5
Base rate cut by 25 bps; see 23% loan growth: Lakshmi Vilas
Lakshmi Vilas Bank passed on lower rate benefits to customers by cutting its base rate by 25 bps on Tuesday, effective July 1. The bank's MD ... «Moneycontrol.com, Jun 15»
6
Citi cuts base rate by 15 basis points to 9.35%
Citi on Tuesday became the first overseas bank in India to lower base rate, which it slashed by 15 basis points to 9.35%, citing falling interest ... «Daily News & Analysis, Jun 15»
7
NBFC-MFI Base Rate declines by 20 bps to 9.89% Effective From 01 …
The applicable average base rate for Non-Banking Financial Company-Micro-Finance Institutions (NBFC-MFIs) to arrive at the interest rates ... «Business Standard, Jun 15»
8
NBFC-MFI base rate declines by 20 bps to 9.89% effective from July 1
Reserve Bank of India (RBI) notified all concerned including the NBFC-MFIs that the applicable rate for the quarter beginning July 01, 2015 ... «Myiris.com, Jun 15»
9
Axis Bank in focus after reducing base rate
Axis Bank will be in focus after the private sector bank on Friday, 26 June 2015, announced a reduction in its base rate by 10 basis points to ... «Business Standard, Jun 15»
10
Axis Bank cuts base rate to by 10 bps to 9.85%
Axis Bank, the country's third largest private sector lender, has cut its base rate by 10 basis points (bps) to 9.85 per cent. The new rates will be ... «Business Standard, Jun 15»

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