bank interest rate
51Bank of America Home Loans — Type Subsidiary of Bank of America Founded 1969 (Countrywide), February 2009 (Bank of America Home Loans) Headquarters Calabasas, CA, USA (Countrywide Financial) Cha …
52bank — / baŋk/ n: an organization for the custody, loan, or exchange of money, for the extension of credit, and for facilitating the transmission of funds branch bank: a banking facility that is a separate but dependent part of a chartered bank; esp: a… …
53Bank of England — established in 1694, the Bank of England is the central bank of the UK. It was nationalised by the Bank of England Act 1946 and acts as competent authority for the banking sector under regulatory powers conferred by the Banking Act 1987. It now… …
54rate-cutting — ˈrate ˌcutting noun [uncountable] ECONOMICS the act of cutting rates, especially the rate of interest for borrowing money: • Borrowers can get lower rates by waiting until the end of the rate cutting cycle. * * * rate cutting UK US noun [U] ►… …
55bank rate — rate of interest fixed by a bank, discount rate …
56central bank discount rate — The rate of interest charged by a central bank for discounting eligible paper …
57rate-setting — UK US noun [U] ► ECONOMICS, BANKING a central bank s decision about the level of its main interest rate: »The Fed s next rate setting meeting falls on Aug 20 …
58bank — bank1 /bangk/, n. 1. a long pile or heap; mass: a bank of earth; a bank of clouds. 2. a slope or acclivity. 3. Physical Geog. the slope immediately bordering a stream course along which the water normally runs. 4. a broad elevation of the sea… …
59rate — The cost of debt service paid by a borrower or issuer to a lender or investor. The rate is expressed as an annual percentage of the amount borrowed. For some notes and bonds that pay interest semiannually, the semiannual interest due to the… …
60Interest — For other uses, see Interest (disambiguation). Interest is a fee paid by a borrower of assets to the owner as a form of compensation for the use of the assets. It is most commonly the price paid for the use of borrowed money,[1] or money earned… …
