From Longman Business Dictionaryˈinterest ˌratenoun[countable]the percentage rate used forcalculatinginterest over a particularperiodof time, usually one yearinterest rate ofThe credit card has an interest rate of 14.8%.The fear ofhigher interest ratesis driving down the stockmarket.Thefall in ...
The meaning of RATE OF INTEREST is the percentage usually on an annual basis that is paid by the borrower to the lender for a loan of money.
Define Interest Rates:Interest rate means the percentage of principal that must be paid to a lender for the use of his asset.
The meaning of INTEREST is a feeling that accompanies or causes special attention to something or someone : concern. How to use interest in a sentence.
- An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed (called the prin***l sum). The...- of interest is an individual involved in a criminal investigation but not arrested or formally accused. Person(s) of Interest or...
a high rate of interest on loans. a certain quantity or amount of one thing considered in relation to a unit of another thing and used as a standard or measure: at the rate of 60 miles an hour. a fixed charge per unit of quantity: ...
interest rate ( def 1 ). something added or thrown in above an exact equivalent: Jones paid him back with a left hook and added a right uppercut for interest. verb (used with object) to engage or excite the attention or curiosity of: ...
Interest Rate Options is a derivative financial instrument that allows an investor to gain from the changes in the interest rates.
charge for using the funds of the lender. The nominal interest rate is the simple rate of interest that a lender charges on loan without considering the effect of inflation, fees, charges, and thecompounding of interest. Expression of this interest rate happens as a percentage of the loan ...
The interest rate for BMIR programs is significantly below prevailing market interest rates and can be as low as 0 percent in some cases. The actual interest rate depends on the cost of credit, the homeowner’screditworthiness, the loan amount, and the term of the loan. BMIR also allows ...