Bank rate
id:
bank-rate-215-4659881
title:
Bank rate
text:
Bank rate, also known as discount rate in American English, and (familiarly) the base rate in British English, is the rate of interest which a central bank charges on its loans and advances to a commercial bank. The bank rate is known by a number of different terms depending on the country, and has changed over time in some countries as the mechanisms used to manage the rate have changed. Whenever a bank has a shortage of funds, they can typically borrow from the central bank based on the moneta
brand slug:
wiki
category slug:
encyclopedia
description:
Central bank's rate of interest
original url:
https://en.wikipedia.org/wiki/Bank_rate
date created:
2005-09-18T13:33:03Z
date modified:
2024-09-12T18:40:53Z
main entity:
{"identifier":"Q1164340","url":"https://www.wikidata.org/entity/Q1164340"}
image:
fields total:
13
integrity:
15