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
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...
- base rate
The interest rate set by the Bank of England for lending to other banks.
- usury
An exorbitant or unlawful rate of interest.
- prime interest rate
The interest rate on short-term loans that banks charge their commercial customers...