reference rate

reference rate读音音标

英 [ˈrefrəns reit]

美 [ˈrɛfərəns ret]

reference rate意思解释

释义

参考汇率，参考利率；

英英释义

A reference rate is a rate that determines pay-offs in a financial contract and that is outside the control of the parties to the contract. It is often some form of LIBOR rate, but it can take many forms, such as a consumer price index, a house price index or an unemployment rate.