Interest rate

Interest rate

The percentage of a sum of money charged for its use.

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Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Real estate
Category: General
Company: Coldwell Banker
Product:
Acronym-Abbreviation:

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Related terms

interest rate

Banking; Investment banking

The rate of interest for a year expressed as a percentage of the capital. See also accrued interest, variable interest rate.

interest rate

Economy; Economics

Interest is usually expressed at an annual rate: the amount of interest that would be paid during a year divided by the amount of money loaned. Developed economies offer many ...

interest rates

Economy; Economics

The rate at which interest is paid by a borrower for the use of money that they borrow from a lender.

interest rate

Business services; Relocation

The percentage of an amount of money which is paid for its use for a specified time.

interest rate

Financial services; General Finance

The monthly effective interest rate. For example, the periodic rate on a credit card with an 18% annual percentage rate is 1.5% per month.

interest rate

Real estate; General

A percentage of a loan or mortgage value that is paid to the lender as compensation for loaning funds.

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Sac-like structures of varying complexity where blood and air exchange oxygen and carbon dioxide; connected to the outside by a series of tubes and a small opening. In humans, the ...

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