base rate
base rate noun: a benchmark interest rate, from which other interest rates are calculated; a policy rate.
Noun
base rate (plural base rates)
- A benchmark interest rate, from which other interest rates are calculated; a policy rate.
- On loans to higher-risk customers, the bank charges 5% above the base rate.
- Especially, the interest rate at which the Bank of England lends money to commercial banks.
- The background rate of occurrence of any phenomenon, which informs any logical analysis of its rate of occurrence under any subset of circumstances; especially, the proportion of individuals in a population who have a certain characteristic (e.g., trait, experience, circumstance), irrespective of any treatment effects in a treatment group of a scientific study.
Forms of base rate
| plural | base rates |
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Questions about base rate
- What does base rate mean?
- Base rate means a benchmark interest rate, from which other interest rates are calculated; a policy rate.
- What part of speech is base rate?
- Base rate is a noun.
- What is the plural of base rate?
- The plural of base rate is base rates.
Words near base rate in the dictionary
Source and license
Adapted from Wiktionary: base rate (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “base rate.” Word.ws, https://word.ws/base_rate. Based on Wiktionary, CC BY-SA 4.0.
