Lectionary Calendar
Saturday, May 4th, 2024
the Fifth Week after Easter
Attention!
StudyLight.org has pledged to help build churches in Uganda. Help us with that pledge and support pastors in the heart of Africa.
Click here to join the effort!

Bible Encyclopedias
Bank Rate

1911 Encyclopedia Britannica

Search for…
or
A B C D E F G H I J K L M N O P Q R S T U V W Y Z
Prev Entry
Bank Holidays
Next Entry
Bank-Notes
Resource Toolbox

A term used in financial circles to designate the rate of discount charged in the chief monetary centres by the state or leading bank, as opposed to the open-market rate. (See MARKET: Money market.)

Bibliography Information
Chisholm, Hugh, General Editor. Entry for 'Bank Rate'. 1911 Encyclopedia Britanica. https://www.studylight.org/​encyclopedias/​eng/​bri/​b/bank-rate.html. 1910.
adsFree icon
Ads FreeProfile