Interbank Rate

Interbank Rate,

What is Interbank Rate?

Definition of Interbank Rate: Interbank interest rates are rates that apply to short-term interbank loans in the United States. Banks can borrow from other banks to ensure that they have enough difficulty to meet their immediate needs, or they can borrow when they have excess liquidity. The interbank loan system is short-term, usually overnight and rarely longer than a week.

Literal Meanings of Interbank Rate

Interbank:

Meanings of Interbank:
  1. Interbank agreement, arrangement or work.

Sentences of Interbank
  1. Business opportunities in the interbank market

Rate:

Synonyms of Rate

judge to be, fare, cost, outlay, price, consider to be, compute, hire, value, put a value on, estimate, hold to be, calculate, measure, assess, think to be, deem to be, find to be, charge, adjudge, figure, amount, reckon to be, evaluate, weigh up, gauge, tariff, appraise, judge