Lombard-rate Definition
noun
(finance) An interest rate charged by a central bank for very short term loans to other banks against an approved collateral.
Wiktionary
Other Word Forms of Lombard-rate
Noun
Singular:
lombard-ratePlural:
lombard-ratesOrigin of Lombard-rate
-
Lombard (“banker or moneylender”)
From Wiktionary
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