interest rate- the percentage of a sum of money charged for its use rate of interest bank discount,discount,discount rate- interest on an annual basis deducted in advance on a loan discount rate- the rate of interest set by the Federal Reserve that member banks are charged when they borrow...
The Central Bank of Zimbabwe raised interest rates for borrowing to 800%. Despite this drastic action, its attempt to tackle spiraling hyperinflation failed miserably. Bank of England The Bank of England has been setting interest rates since 1694. It has one of the world’s most complete economi...
interest rate vs. APR Interest rate and APR (annual percentage rate) are terms that are easy to confuse, as they are both annual percentage rates related to how much a loan will cost on top of the principal amount being borrowed. The interest rate is the advertised rate of interest used ...
Synonyms of interest 1 a : a feeling that accompanies or causes special attention to something or someone : concern b : something or someone that arouses such attention c : a quality in a thing or person arousing interest 2 : advantage, benefit also : self-interest 3 a : a ...
interest-rate futures Related to interest-rate futures:Interest rate futures contract,Eurodollar futures pl n (Stock Exchange) financial futures based on projected movements of interest rates Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994...
From Longman Dictionary of Contemporary Englishinterest rateˈinterest ˌrate noun [countable] BFLthe percentage amount charged by a bank etc when you borrow money, or paid to you by a bank when you keep money in an account thereExamples from the Corpusinterest rate• Interest rates are ...
called also prime interest rate Examples of prime rate in a Sentence Recent Examples on the Web The central bank cut the 1-year and 5-year loan prime rates by 10 basis points each in July, after keeping the 1-year unchanged for 10 straight months, and the 5-year unchanged for four ...
This depends on inflation, interest rates, the value of trade, and a number of other factors. The interest rate parity (IRP) theory links both the interest rates and the exchange rates. The theory proposes that the difference in interest rates between two nations must be equal to the ...
interest-bearing asset like a government bond or interbank lending rate. Although actual delivery of these assets doesn’t occur, their value is tied to the underlying asset’s price. If interest rates go up, the value of existing bonds goes down because their fixed rates look less attractive...
Interest Rate Differential (IRD) vs. Net Interest Rate Differential (NIRD) Thenet interest rate differential(NIRD) is a specific type of IRD used in forex markets. In international currency markets, the NIRD is the difference between the interest rates of two distinct economic regions. ...