der Basiszinssatz
Translation
base rate, prime rate, basic interest rate
Examples
Die Zentralbank hat den Basiszinssatz gesenkt.
The central bank has lowered the base rate.
Der Basiszinssatz beeinflusst die Wirtschaft stark.
The base rate strongly influences the economy.
Grammar Patterns
the base rate is at X % the base rate is at X % The base rate is at 4%.
Similar Words
Referenzzinssatz (reference interest rate)
Etymology
Composed of 'Basis' (base), 'Zins' (interest), and 'Satz' (rate).
Memory Tips
Break it down: the 'base' (Basis) 'interest' (Zins) 'rate' (Satz).