bank rates

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Definition of bank rates in English English dictionary

bank rate
The rate of interest that a central bank charges when it lends money to another bank
bank rate
The rate at which the Bank of Canada makes short-term loans to chartered banks and other financial institutions The bank rate also serves as the benchmark for prime rates set by financial institutions
bank rate
the discount rate fixed by a central bank
bank rate
The bank rate is the rate of interest at which a bank lends money, especially the minimum rate of interest that banks are allowed to charge, which is decided from time to time by the country's central bank. a sterling crisis that forced the bank rate up. The rate of discount established by a country's central bank. the rate of interest charged by banks lending money, decided by a country's main bank = interest rate
bank rate
The rate at which a country's central bank will make short-term loans to chartered banks and other financial institutions, and against which the benchmark for prime rates is set by financial institutions
bank rate
(taux d'escompte)
bank rate
The rate of interest charged by the Bank of Canada to the chartered banks on loans made to the chartered banks Such loans are usually only made when the banks are short of funds and cannot readily borrow them from anyone other than the Bank of Canada
bank rate
The rate at which the Bank of Canada makes short-term loans to chartered banks and other financial institutions, and the benchmark for prime rates set by financial institutions
bank rate
rate of interest fixed by a bank, discount rate
bank rate
The minimum interest rate the central bank charges when it makes short-term loans to banks and other financial institutions
bank rate
Also known as "Discount Rate" This is a percentage of each sale that the bank charges as per Visa and MasterCard Rate requirements All banks are required to have at least 3 rate structures Face to face retail (usually the lowest rate e g 1 49%) Phone, Mail and Internet rates (usually higher e g 2 24%) And a rate for imprinted or phone authorized rates (highest rate e g 2 62%) It is very important to correctly classify the way you will accept credit cards so that you can achieve the best rate structure
bank rate
the interest rate at which the Bank of Canada makes loans to chartered banks
bank rate
– The rate at which the Bank of Canada makes short-term loans to chartered banks and other financial institutions, and the benchmark for prime rates set by financial institutions
bank rate
The Canadian equivalent of the discount rate It is set at 25 basis points (1/4 of one %) above the weekly three-month Canada treasury bill average and is set every Tuesday at 1: 30 p m
bank rate
The interest rate at which central banks for various countries lend to their own monetary institutions
bank rate
The interest rate paid by major financial institutions if they borrow from the Bank of Canada The Bank Rate influences the rates of interest major financial institutions charge and pay their customers
bank rate
The minimum rate the Bank of Canada makes short term advances to authorized financial institutions
bank rate
The rate at which the Bank of Canada makes short-term loans to chartered banks and other financial institutions and the benchmark for prime rates set by financial institutions
bank rate
The rate at which a central bank is prepared to lend money to its domestic banking system
bank rate
The minimum rate at which the Bank of Canada will make short-term advances to the chartered banks and money market dealers Since 1980 the bank rate has been set at 1/4 of 1% (25 basis points) above the weekly average tender rate of 91-day Government of Canada treasury bills The upward and downward trend of the bank rate affects the prime lending rates that chartered banks give to their most creditworthy borrowers, as well as rates on all types of bank deposits, short-term paper, bonds and mortgages
bank rate
The rate at which chartered banks can borrow from the Bank of Canada
bank rate
the interest rate CPA members are charged on advances from the Bank of Canada
bank rate
Advertised minimum rate at which the South African Reserve Bank will discount bills of a currency of fewer than 120 days
bank rate
The minimum lending rate of the Bank of Canada It is applied to advances to institutions that are members of the Canadian Payments Association, and to purchase and resale transactions with key investment dealers in the money market It is also the primary indicator of Bank of Canada monetary policy The bank rate is an important tool because it is seen as the trend-setter for other short-term interest rates Changes in the bank rate often lead to changes in the prime rate, which is the rate of interest that commercial banks charge to their lowest-risk customers Other rates can be affected including those for mortgages, cars and business loans, as well as rates paid to savers on deposits and investment certificates
bank rate
The rate at which the Bank of Canada makes loans to the chartered banks Typically set at 1/4 of a percentage point above the prime rate, which is the rate of interest on Government of Canada T-Bills
bank rates
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