LanGeekLanGeek Dictionary

Interest rate

British pronunciation/ˈɪntɹəst ɹˈeɪt/
American pronunciation/ˈɪntɹəst ɹˈeɪt/
Interest rate
[NOUN]
1

the amount that a lender charges a borrower for the use of money, typically calculated based on the amount of the loan and the length of the borrowing period

synonyms : rate of interest
Add to leitnerwordlist
Add to your word listwordlist
Examples
1And the price of money is interest rates.
2The price of borrowing money is the interest rate.
3The other one is related to interest rates.
4Interest rates went down.
more
Copyright © 2020 Langeek Inc. | All Rights Reserved | Privacy Policy