Reference Rate: Canada Debt .ca defines Reference Rate

Bankruptcy Term Reference Rate

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Canada Debt has the definition to the bankruptcy and debt term Reference Rate. Finding answers to terms such as Reference Rate can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Reference Rate in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Reference Rate' is used as follows:

A base rate, such as the Prime Rate, used in the calculations of variable credit card interest rates.