minimum lending rate

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Definitions of minimum lending rate words

noun minimum lending rate the official interest rate charged by the Bank of England and below which it will refrain from lending money. 1
noun minimum lending rate (in Britain) the minimum rate at which the Bank of England would lend to discount houses between 1971 and 1981, after which it was replaced by the less formal base rate 0

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This term is known only to a narrow circle of people with rare knowledge. Only 27% of English native speakers know the meaning of this word.

According to our data most of word are more popular. This word is almost not used. It has a much more popular synonym.

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