Bank of England definition

Bank of England means the court of the directors of the Bank of England appointed under section 2 of the Bank of England Act 1946 of Parliament;
Bank of England means, as the circumstances require, the Governor and Company of the Bank of England or the Bank of the Governor and Company of the Bank of England;
Bank of England s Base Rate” means the base rate of the Bank of England at the time interest is calculated.

Examples of Bank of England in a sentence

  • A charity trustee or connected person may receive interest on money lent to the CIO at a reasonable and proper rate which must be not more than the Bank of England bank rate (also known as the base rate).

  • Institutional (core) finance for the Centre has been provided through major grants from the Economic and Social Research Council, under which an ESRC Resource Centre operates within CEPR; the Esmée Fairbairn Charitable Trust; and the Bank of England.

  • The exercise by HM Treasury, the Bank of England, the Prudential Regulation Authority and the United Kingdom Financial Conduct Authority (as applicable) of any powers under the Banking Act 2009 (including especially the bail-in power) could lead to the holders of the Notes losing some or all of their investment or may adversely affect the rights of holders of the Notes, the market value thereof or the Issuer's ability to satisfy its obligations thereunder.

  • The Employment Business reserves the right to charge interest under the Late Payment of Commercial Debts (Interest) Act 1998 on invoiced amounts unpaid by the due date at the rate of 8% per annum above the base rate from time to time of the Bank of England from the due date until the date of payment.

  • The Agency reserves the right to charge interest under the Late Payment of Commercial Debts (Interest) Act 1998 on invoiced amounts unpaid by the due date at the rate of 8% per annum above the base rate from time to time of the Bank of England from the due date until the date of payment.


More Definitions of Bank of England

Bank of England. The central bank of the United Kingdom, and any successor thereto.
Bank of England means the Grovernor and Company of the Bank of England:
Bank of England means the Governor and Company of the Bank of England, of Threadneedle Street, London EC2R 8AH;
Bank of England. MONETARY CONTROL ADDITIONAL COSTS' RATE FORMULA
Bank of England means the Guarantor.
Bank of England means The Governor and Company of the Bank of England and, save as the context otherwise requires, a reference to the Bank of England includes a reference to the Bank of England acting on its own behalf and as agent or custodian for CCFFL;
Bank of England means the central bank of the United Kingdom;