Bank of England minimum lending rate

Bank of England minimum lending rate Bank of England minimum lending rate rate1

Financial and business terms. 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 — 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 • …   Useful english dictionary

  • 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 — the central bank of the United Kingdom, in London. It is the official source of all paper money in Britain, it advises the government on financial matters, and it acts as banker to the government and to other banks. It was privately owned until… …   Universalium

  • (the) Bank of England — the Bank of England [the Bank of England] the central bank of the United Kingdom, in London. It is the official source of all paper money in Britain, it advises the government on financial matters, and it acts as ↑banker to the government and to… …   Useful english dictionary

  • 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

  • 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

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