The story
Lombard (“banker or moneylender”)
Etymology from Wiktionary, CC BY-SA 4.0.
Lombard rate
Today it means: An interest rate charged by a central bank for very short-term loans to other banks against an approved collateral. Full definition →
Today it means: An interest rate charged by a central bank for very short-term loans to other banks against an approved collateral. Full definition →
Lombard (“banker or moneylender”)
Etymology from Wiktionary, CC BY-SA 4.0.