Meanings
nounbank rate (countable and uncountable, plural bank rates)
plural bank rates
- countableuncountableeconomicsThe rate of interest that a central bank charges when it lends money to another bank
Synonyms: discount rate
Synonyms & antonyms
nounThe rate of interest that a central bank charges when it lends money to another bank
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Cite this entry
APA
bank rate. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/bank%20rate
MLA
“bank rate.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/bank%20rate. Accessed November 4, 2026.
Chicago
WatkinsX Dictionary, s.v. “bank rate,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/bank%20rate.
Source: bank rate on Wiktionary, CC BY-SA 4.0.