Base yearThe year used as the basis for comparison by a price index such as the CPI. The index for any year is the average of prices for that year compared to the base year; e.g., 110 means that prices are 10% higher than in the base year. The base year is also the year whose prices are used to value something in real terms or after adjusting for inflation.
Base rateBase rate
The lowest rate at which a bank will charge interest.Banks usually charge at a stipulated figure 'above base rate', and the figure will depend on all sorts of circumstances to do with the loan and the borrower.If the base rate rises, then usually the rate of interest charged on the loan will rise as well to preserve the differential. If it falls, so will the rate on the loan. Thus, a loan at '4% above base rate' will be 10% if the base rate is 6%, and will rise to 11% of the base rate rises to 7%.
Market based forecastingMarket based forecasting
Analyzing future spot rates on the basis of a market-determined exchange rate (such as the current spot rate or forward rate).
Base rate tracker mortgageBase rate tracker mortgage
A mortgage in which the rate of interest paid by the borrower follows movements in the base rate.
Basel AccordBasel Accord
Agreement concluded among country representatives in 1988 in Switzerland to develop standardized risk-based capital requirements for banks across countries.
Base currencyBase currency
Applies mainly to international equities. Currency in which gains or losses from operating an international portfolio are measured.
Common base year analysis
Foreign base company income
Results-based trade policy
Asset based financing
Fee based compensation
Risk based capital ratio
Rules-based trade policy
Market based corporate governance system
Base market value
Bank based corporate governance system