Lending Rate
Key Facts
Abbreviation
LR
Pronunciation
/ˈlɛndɪŋ reɪt/
Category
Business
Related Field
Banking
Examples in Context
- The bank left its lending rates unchanged.
- The Fed's decision was matched by a reduction in the prime lending rate.
- Five increases in the central bank lending rate this year have had little effect.
- After the hikes, the benchmark one-year deposit rate is 3.6 percent while one-year lending rate is 7.02 percent.
- It's our basic lending rate which at the moment is eleven per cent.
Other meanings of LR
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