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base rate

noun

Definitions

  1. A benchmark interest rate, from which other interest rates are calculated

    A benchmark interest rate, from which other interest rates are calculated; a policy rate.

    • On loans to higher-risk customers, the bank charges 5% above the base rate.

  2. The background rate of occurrence of any phenomenon, which informs any logical analysis…

    The background rate of occurrence of any phenomenon, which informs any logical analysis of its rate of occurrence under any subset of circumstances; especially, the proportion of individuals in a population who have a certain characteristic (e.g., trait, experience, circumstance), irrespective of any treatment effects in a treatment group of a scientific study.

The neighborhood

Vish — recursive loop

No curated loop yet for base rate. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA