Pass-through
From ACT Wiki
A structure or process in which an intermediary transmits value or information, without retaining it at the level of the intermediary.
"By changing [the] Base Rate, the central bank may hope to influence market rates generally. It seems that anticipated changes to Base Rate are one of the largest influences on movements in general market interest rates between actual Base Rate changes (Paul Mizen and Boris Hofmann - "Working Paper No 170: Base rate pass-through: evidence from banks' and building societies' retail rates" - London, 2002, ISSN 1368-5562)."
Base rate - the Treasurer's Wiki.
