Noun
the interest rate set by the Bank of England for lending to other banks
Source: WordNetKids are starting at such a low base rate in terms of fitness that it's taking them years to catch up to where people like me started from. Every little bit is making it more difficult for kids to succeed on a world stage. Daley Thompson
According to the National Association of Insurance Commissioners, these plans include “a set of rules, risk classifications and sub-classifications, factors, discounts, surcharges, and fees applied to a base rate.” Source: Internet
But the predictive value of an antibody test with 90 percent accuracy could be as low as 32 percent if the base rate of infection in the population is 5 percent. Source: Internet
Bloomberg also plans to raise that base rate — before the surcharge — for income above $500,000 to 39.6%, which is what it was under President Barack Obama. Source: Internet
The Bank of England slashed the base rate to 0.1 per cent a few days ago, so if you are coming to the end of your tracker or fixed rate mortgage, now is the time to pounce on a new deal. Source: Internet
A number of mortgage borrowers have fallen victim to lenders hiking their standard variable rates in recent years, despite the base rate remaining stable. Source: Internet