The floor rate on which banks calculate interest rates. Borrowers pay a premium over base rate. Movements in the base rate are triggered by changes in the rate at which the Bank of England lends to the discount houses.
Synonymous with prime rate, but used in the UK to refer to the rate that banks lend to their best customers.
This is the lowest rate at which a lender will charge interest. The Bank of England sets the rate, which is currently 4.75% and was last changed on August 5th 2004.
Bought in by banks following the abolition of Minimum Lending Rate by Geoffrey Howe, in 1981 the then Chancellor of the Exchequer. Often used to refer to the mortgage lender's standard variable rate.
When two or more hypotheses must be evaluated, the decision should take into consideration the prior likelihood, or base rate, of each hypothesis, as well as any other available information.
The is an interest rate set by the Bank of England upon which all other lending or savings interest rates are based.
Most interest rates are linked to the Base Rate. The Bank of England meets monthly to decide what the base rate should be set at. The base rate determines how much other banks and building societies pay for loans they take out from the Bank of England. These base rates in turn affect the interest rate you pay for loans.
in print advertising, the highest rate charged to an advertiser for a single insertion, without the agency commission or other media discounts of any kind, i.e., the full rate; also called card rate, gross rate, one-time rate, open rate, and transient rate. See agency commission, media discounts, card rate, and open rate.
is the base intrest rate that is set by the Bank of England. Most interest rates (including Mortgage Rates) are linked to the Base Rate. The Bank of England meets monthly to decide what the base rate should be set at. A base rate is sometimes called an index rate. A variable/ flexible Mortgage rate will vary in relation to the Base rate.
The stroke rating at which your crew will row most of their race. It depends on a number of factors including experience, fitness, and boat size.
The rate at which banks borrow from one another.
for the Bank of England base rate see repo rate. Banks which are members of the UK clearing systems and other banks set their own base rates, although typically most will be the same. Base rates are published daily in the Financial Times.
Usually refers to a freight rate listed in a tariff in the amount in which it has been published. Often to be added to the base rate are additional amounts or percentage of cents or dollars which have increased the base rate to the present or prevailing rate ("Exparte").
The base rate, sometimes referred to as the repo rate is the minimum rate at which banks are prepared to lend money - it acts as the benchmark for other interest rates, including personal loans and mortgages. The high street banks' base rate changes following the Bank of England's signals through its daily money market operations. The central bank moves base rates by changing the dealing rates at which it buys bills from the discount houses.
In the UK, it is the rate at which the Bank of England lends to the Retail Banks.
This is the Bank of England base rate, otherwise known as its 'Repurchase' rate or 'Repo' rate.
The lowest rate of interest that banks will charge for loans and deposits. It is related to the money markets which are in turn influenced by the minimum lending rate. The interest rate on most loans can be quoted as a percentage over base rate.
The Bank of England Base Rate is the basis for other mortgage and loan interest rates More Basic Bank Account - Basic Bank Accounts : simple accounts without overdrafts More
The manual or starting rate for a specific coverage, based on a normal or average for class risk. Deviations are made from the base rate for risk-specific characteristics, hazards, exposures, protection or lack of, and individual loss experience. After all credits and debits have been computed, a final rate is determined, which is used to calculate the coverage premium.
Amount of the total electric or gas rate covering the general expense of business without the fuel expense.
British equivalent of the US prime rate.
The interest rate for a country which banks use as a basis for their own rates. It is used by forex market makers to calculate interest on overnight positions. Known in the US as Prime Rate.
The rate, from which discounts are given or charges are added, to compensate for the individual circumstances of the risk.
The minimum rate at which banks are prepared to lend money, altered by the central bank's dealing rates with the discount houses. It forms the benchmark for all other interest rates.
The interest rate decided by the Bank of England that British banks charge their customers.
Interest rates set up bank of England , which describe borrowing and saving rate all over UK .
The UK's core interest rate, set by the Bank of England. The lender's Standard Variable Rate (SVR) is higher than the Base Rate, but is often adjusted by reference to it.
the interest rate set by the Bank of England for lending to other banks
A premium rate reflecting a selected risk and benefit before adjustment for census and experience and other factors.
The rate charged by a utility to physically deliver gas to end use locations. Monies collected under the base rate are used to maintain the system, provide emergency service, and operate the utility. In addition, utility profit is derived from an authorized portion of the base rate.
Base rate is quoted off a short-term fluctuating rate such as LIBOR or Prime Rate. LIBOR denotes the London InterBank Offered Rate. Prime is an administered rate announced by large banks. Hence a base rate may be quoted as LIBOR plus say 1%.
Also called Open Rate, the one time (un- discounted) rate change by an advertising medium.
An interest rate used as a basis to price loans. A margin reflecting the riskiness of the individual or operation is added to or subtracted from the base rate to determine the loan rate. The bankâs funding, operating cost and required return are reflected in the base rate.
Base rate is the lowest rate at which a lender will charge interest. It is set by the Bank of England.
The Base Rate is the Premium charged by insurance companies for an average (Standard Risk) driver. Preferred and Non-Standard risks are calculated from the company's base rate by surcharges (an increase of base rates) or discounts (a decrease in base rate).
The national interest rate set by the Bank of England's Monetary Policy Committee every month. Lenders' standard variable rates generally reflect any changes made to it.
The interest rate at which the Bank of England provides liquidity to the GBP Money Market.
The annual interest rate set by the Bank of England and on which British banks use to calculate lending charges
The regular rate of pay which does not include any extra money for such things as overtime or meal allowances.
Under Lifetime Health Cover legislation, health funds must charge up to 70% loading on their hospital contribution rates. The lowest premium payable for each fund table is called the "Base Rate". To be eligible for the Base Rate persons must commence Hospital cover before 1 July following their 31st birthday. Lifetime Health Cover loading applies to Hospital cover only. Members with combined cover will only pay loading on the Hospital component (if a loading is applicable).
Under Lifetime Health Cover (2 Year waiting period) legislation, health funds must charge up to 70% loading on their contribution rates. The lowest premium payable for each fund table is called the "Base Rate". To be eligible for the Base Rate persons must commence Hospital cover before the age of 31. Lifetime Health Cover loading applies to Hospital tables only. Members with combined cover will only pay loading on the Hospital component.
The interest rate that is used as a benchmark to set the interest rate for borrowers. A base rate is sometimes called an index rate. For example, if you obtain a one-year adjustable-rate mortgage, your loan rate will be reset once a year to a rate that equals the loan rate plus a margin. Interest rates on credit cards are frequently tied to a change in the prime rate, another popular base rate used in consumer lending.
That part of the total electric rate covering the general costs of doing business unrelated to fuel expenses.
A term used in the UK for the rate used by commercial banks to calculate the interest rate to be charged to loans and overdrafts to their clients.
The rate at which the Bank of England lends to discount houses by buying their bills. Sometimes referred to as the repo rate, the base rate is usually the minimum rate at which banks are prepared to lend money. The high street bank base rate follows that set by the Bank of England, and it acts as the benchmark for other interest rates, including mortgages and personal loans.
This is the interest rate set by the Bank of England as a means of controlling inflation and the health of the economy.
Yearly interest rate applied to loans by the Bank of England. This is the lowest rate that a lender will charge. Also called the repo rate.
Base rate (sometimes called the repo rate) is the interest rate set by the Bank of England which determines borrowing and savings rates.
Interest rate set by the Bank of England, used to determine borrowing and savings rates across the UK.
The official rate at which the Bank of England (BoE) will lend to the retail banks.
The base rate, or repo rate, is set each month. It determines the cost of borrowing money from either a clearing bank (one of the major high street banks, which lend to both individuals and companies) or a finance house (a merchant bank, which lends only to other financial institutions).
a rate used to determine pricing and chosen by lenders
Annual interest rate on which lending charges are calculated by British banks.
The Bank of England repo rate is set monthly by the Bank of England Monetary Policy Committee. Base rate is the rate to which a margin is added (or sometimes deducted) for a set period of time or for the full term of the mortgage.
The rate at which the Bank of England lends to other banks in the UK.
The minimum lending rate was abolished in 1981, and so the banks introduced the base rate, used to refer to the mortgage lender's standard variable rate.
The Bank of England Base Rate, set by its Monetary Policy Committee every month, determines lending rates in the UK. Directly or indirectly, all mortgage rates are linked to the present or past Base Rate.
The underlying interest rate used as a benchmark, or index, for pricing variable-rate loans such as adjustable-rate mortgages, auto loans or credit cards.
Every month the Monetary Policy Committee sets the Bank of England Base Rate, to which all mortgage rates are linked either directly, as Tracker mortgages, or indirectly, in all other cases.
The interest rate set by the Bank of England. A committee now meets once a month to consider changes to the rate which then, in turn, affects the rates set by banks and building societies.
the base interest rate determined usually by a country's central bank (such as the Bank of England) upon which all other lending or savings interest rates are based.
The interest rate set by the Bank of England which high street banks use to set their rates.
EThe Bank of England interest rate for lending to other banks.
Interest rate used as guide for pricing a bank loan or line of credit.
The Bank of England Base Rate is used to benchmark all other rates (usually expressed as a margin above base rate).
The straight time rate of pay, excluding premiums and incentive bonuses.
The interest rate set by the Bank of England which is used as the basis for other banks' rates.
Most interest rates are linked to the Bank base rate. This is set by the Bank of England which in turn affects the interest you pay for loans and receive on investments.
An underlying interest rate that is used as an index for pricing variable rate loans such as credit cards.
The UK 's core interest rate which is set by the Bank of England.
The interest rate set by banks which is used as the basis for the rates they offer and charge their customers.
A term used predominantly in the UK for the rate used by banks to calculate the interest rate charged to borrowers. Top quality borrowers will pay a small amount over base rate while lesser quality credits will pay a rate much higher than the base rate..
The reference rate on which commercial banks calculate lending charges to their customers. Most loans are expressed in terms of a percentage over base rate. The greater the perceived Credit Risk of the borrower, the greater the number of percentage points over base rate that will be charged.
The basic lending rate of a bank or financial institution, on which its lending rates and deposit interest rates are founded. Each bank is free to fix its own base rate as it thinks best, in line with prevailing economic conditions. See also 'Finance House Base Rate' and 'Rate of Interest'.
The lowest rate at which a bank will charge interest.
This is the interest rate set by the Bank of England and used by mortgage lenders to set their rates.
A tariff term referring to a rate less accessorial charges, or simply the base tariff rate. Base rates are usually shown "per hundred pounds" and are often discounted by 40-70%.
The rate at which the pulse generator paces in the absence of intrinsic activity, expressed in pulses per minute (ppm). It is a programmable function in most modern pulse generators. Sometimes called basic rate, minimum rate or lower rate. It is also the escape rate in the absence of hysteresis.
the interest rate from which lenders set their rates for lending and savings products. It's usually based on the base rate set by the Bank of England.
Rate of interest set by the Bank of England
This is the interest rate provided by the Bank of England and it is the rate upon which mortgage lenders base their own interest rates.
The portion of the total electric or gas rate covering the general costs of doing business unrelated to fuel expenses.
More correctly called the Repo (repurchase transaction) rate, this is the borrowing and lending rate set by the Bank of England. It directly determines our savings and mortgage rates. The Bank of England uses the rate to influence economic activity. If it needs to stimulate activity it cuts the rate to encourage borrowing and spending. If it wants to slow the economy it increases the rate, discouraging borrowing and spending.
It is the basis rate used by a financial institution to price the interest rate it charges for different types of loan typically priced as certain percentage (or certain number of basis point) other the basis rate.
The minimum rate at which banks will lend money to individuals. In the UK, this is set each month by the Monetary Policy Committee (MPC) at the Bank of England.
The rate assigned to all the employers in your classification (prior to experience rating discounts or surcharges if applicable). The base rate is the rate each industry is charged per $100 of assessable earnings based on the historic cost of claims in their industry.
The rate at which the Bank of England charge for money loaned to the Money Markets. A decision on this rate is made by a committee generally on the first Thursday of each month. It is from this rate that most banks decide on the rate they will be offering on their accounts.
An interest rate that is well known and widely quoted in the market and on which other rates of interest are based. Examples of base rates are the US Fed Funds Rate and Prime Rate, the Euro Interbank Offer Rate (EURIBOR) or the London InterBank Offered Rate (LIBOR). Bank of England base rate, the benchmark rate for British banks.
A rate on interest set by the Bank of England. This is the lowest rate that any bank will charge interest.
An interest rate set by the Bank of England which reflects the cost of borrowing money from the money markets.