Reference Entry

base rate

John Black, Nigar Hashimzade and Gareth Myles

in A Dictionary of Economics

Fifth edition

Published in print January 2017 | ISBN: 9780198759430
Published online January 2017 | e-ISBN: 9780191819940
base rate

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1. The rate of interest used by *commercial banks as a basis for charging for loans. Most borrowers pay

Reference Entry.  91 words. 

Subjects: Economics

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