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base rate

Translation of base rate in Spanish:

noun

  • (British English)
    tipo (masculine) or tasa (feminine) (de interés) de referencia
    Example sentences
    • If the Bank of England puts the base rate up, then mortgage rates will go up.
    • They are slow to cut mortgage rates when the base rate is falling, and sometimes fail to pass on base-rate cuts in full.
    • When the Bank of England changes its base rate, mortgage lenders react by raising their variable rates, too.

Definition of base rate in:

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