Usually means: Interest rate for overnight loans.
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We found 6 dictionaries that define the word Overnight rate:

General (2 matching dictionaries)
  1. overnight rate: Dictionary.com
  2. Overnight rate: Wikipedia, the Free Encyclopedia

Business (4 matching dictionaries)
  1. Derivatives (No longer online)
  2. Overnight rate: Moneyterms
  3. Overnight Rate, Overnight rate: Investopedia

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Definitions from Wikipedia (Overnight rate)

▸ noun:  The overnight rate is generally the interest rate that large banks use to borrow and lend from one another in the overnight market.

Phrases:
Overnight policy rate, more...

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Phrases:
Overnight policy rate, more...




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