The Bank of England fixes a minimum interest rate, called the discount rate, at which it makes secured loans to __________.

British commercial banks lend to blue chip borrowers (big, secure companies) at the __________ , The American equivalent is the prime rate.

All other borrowers pay more, depending on the lender's estimation of their present and future solvency, also known as their creditworthiness or __________ or __________.

Borrowers can usually get a __________ interest rate if the loan is guaranteed by securities or other collateral.

Banks make their profits from the difference between the interest rate charged to borrowers and that paid to depositors, also known as a __________ or __________.

Long-term interest rates are generally higher than short-term ones, except when the central bank temporarily reduces the money supply i.e. makes money __________ or __________.

These days many loans are made with __________ or variable interest rates that change according to the supply and demand for money.

Borrowers and lenders can sometimes arrange limits beyond which rates cannot move. The upper limit is called a __________ or a __________.

he lower limit on a variable rate loan is known as a __________.

A __________ is an arrangement that fixes both the upper and lower limits.

Central banks cannot determine the minimum lending rate for so-called Eurocurrencies - currencies held __________.

Banks are able to offer better rates to borrowers of Eurocurrencies because there are no __________ imposed by the central bank.