- minimum lending rate
- the official interest rate charged by the Bank of England and below which it will refrain from lending money.
* * *minimum lending rate noun(from 1972 to 1981) the minimum rate of interest charged by the Bank of England to the discount market• • •Main Entry: ↑minimum
Useful english dictionary. 2012.
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minimum lending rate — ➔ rate1 * * * minimum lending rate UK US noun [C] (ABBREVIATION MLR) BANKING, FINANCE ► BASE RATE(Cf. ↑base rate): » … Financial and business terms
minimum lending rate — MLR Between 1971 and 1981, the minimum rate at which the Bank of England would lend to the discount houses This was a published figure; the present more informal base rate does not have the same status … Big dictionary of business and management
minimum lending rate — the official interest rate charged by the Bank of England and below which it will refrain from lending money. * * * … Universalium
Minimum Lending Rate — /ˌmɪnɪməm lendɪŋ reɪt/ noun formerly, the rate at which the Bank of England used to lend to other banks (now called the ‘base rate’). Abbreviation MLR … Dictionary of banking and finance
Bank of England minimum lending rate — ➔ rate1 … Financial and business terms
rate — The cost of debt service paid by a borrower or issuer to a lender or investor. The rate is expressed as an annual percentage of the amount borrowed. For some notes and bonds that pay interest semiannually, the semiannual interest due to the… … Financial and business terms
minimum — n. & adj. (pl. minima) n. the least possible or attainable amount (reduced to a minimum). adj. that is a minimum. Phrases and idioms: minimum lending rate the announced minimum percentage at which a central bank will discount bills (cf. base rate … Useful english dictionary
Official bank rate — The official bank rate (also called the Bank of England base rate or BOEBR) is the interest rate that the Bank of England charges Banks for secured overnight lending. It is the British Government s key interest rate for enacting monetary… … Wikipedia
Bank rate — For the company, see Bankrate. Bank rate, also referred to as the discount rate, is the rate of interest which a central bank charges on the loans and advances that it extends to commercial banks and other financial intermediaries. Changes in the … Wikipedia
bank rate — noun the discount rate fixed by a central bank • Hypernyms: ↑discount rate, ↑discount, ↑bank discount * * * noun Etymology: bank (IV) : the discount rate fixed by a central bank (as by the Bank of England) … Useful english dictionary