Base rate: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Administrator (CSV import) |
(No difference)
|
Revision as of 14:10, 23 October 2012
A widely recognised and quoted interest rate - such as the Fed funds rate, the prime rate, or the London Inter Bank Offered Rate (LIBOR) - by reference to which a rate of interest is calculated.
For example, ‘LIBOR plus 50 basis points’.
See also