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Definition of Interest rate
1. Noun. The percentage of a sum of money charged for its use.
Specialized synonyms: Bank Discount, Discount, Discount Rate, Discount Rate, Base Rate, Prime Interest Rate, Usury, Vigorish
Generic synonyms: Charge Per Unit, Rate
Definition of Interest rate
1. Noun. (finance) The percentage of an amount of money charged for its use per some period of time (often a year). ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Interest Rate
Literary usage of Interest rate
Below you will find example usage of this term as found in modern and/or classical literature:
1. The Rate of Interest: Its Nature, Determination and Relation to Economic by Irving Fisher (1907)
"On the contrary, it is the fall in the interest rate which produces the rise in
the valuation of capital. If we attempt to make the rate of interest depend ..."
2. OECD Economic Surveys: Slovak Republic by OECD Staff (2005)
"However, the policy interest rate in Slovakia remains 100 bps higher than the
euro area policy rate of 2%. Source: OECD, Main Economic Indicators. in ..."
3. Money and Currency in Relation to Industry, Prices and the Rate of Interest by Joseph French Johnson (1905)
"At this date new supplies of gold from Australia and California were making their
way into Europe and the interest rate took an upward turn in London, ..."
4. Supreme Court Reporter by Robert Desty, United States Supreme Court, West Publishing Company (1921)
"The maximum interest rate allowed by the Georgia statute is 8 per centum.
That marks the limit which a national bank there located may charge upon discounts ..."
5. A Plain English Handbook: How to Create Clear Sec Disclosure Documents edited by Nancy M. Smith (2001)
"interest rates, or interest rate formulas, will be subject to change by the ...
The interest rate on the Fixed Rate Notes and the Floating Rate Notes will ..."
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