Interest Rate

Of rate.   May also be referred to as rate of interest.

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

This concept's ID is @1~66681

Contains

  • discount 1 facts

    Interest on an annual basis deducted in advance on a loan.

  • discount rate 0 facts

    The rate of interest set by the Federal Reserve that member banks are charged when...

  • base rate 0 facts

    The interest rate set by the Bank of England for lending to other banks.

  • usury 0 facts

    An exorbitant or unlawful rate of interest.

  • prime interest rate 0 facts

    The interest rate on short-term loans that banks charge their commercial customers...