key lending rate

key lending rate UK US noun [C] BANKING, FINANCE, ECONOMICS
one of the main interest rates set by a central bank (= a country's official bank), influencing the rates of banks that offer services to businesses and the public: »

The central bank halved its key lending rate to a record low 0.5% earlier this month.


Financial and business terms. 2012.

Look at other dictionaries:

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