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  1. Dictionary
    interest rate

    noun

    • 1. the proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding: "reduced interest rates encourage people to spend money on home improvements"

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  2. www.investopedia.com › terms › iInterest Rates: Different Types and What They Mean to Borrowers

    Feb 23, 2024 · Learn what interest rates are, how they are calculated, and how they affect borrowers and lenders. Compare simple and compound interest, and see how interest rates apply to different types of loans and accounts.

  3. www.financestrategists.com › banking › interest-rateInterest Rate | Definition, Calculation, & Factors That Affect It

    Mar 31, 2024 · Learn what interest rate is, how it works, and how it is calculated for different types of loans and deposits. Find out the factors that affect interest rates and the difference between nominal, real, and effective rates.

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  5. dictionary.cambridge.org › dictionary › englishINTEREST RATE | English meaning - Cambridge Dictionary

    INTEREST RATE definition: 1. the interest percent that a bank or other financial company charges you when you borrow money…. Learn more.

  6. www.thebalancemoney.com › what-are-interest-rates-and-how-doInterest Rates and How They Work - The Balance

    Jan 29, 2022 · Learn what an interest rate is and how it affects the economy. Find out how interest rates are set by central banks and how they influence borrowing, saving, and spending.

  7. en.wikipedia.org › wiki › Interest_rateInterest rate - Wikipedia

    An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed (called the principal sum ). The total interest on an amount lent or borrowed depends on the principal sum, the interest rate, the compounding frequency, and the length of time over which it is lent, deposited, or borrowed.

  8. www.investopedia.com › terms › iInterest: Definition and Types of Fees For Borrowing Money -...

    Aug 29, 2023 · Interest is the monetary charge for borrowing or lending money, expressed as a percentage or an annual percentage rate (APR). Learn about simple and compound interest, how interest rates are determined, and the history and applications of interest.

  9. money.usnews.com › investing › termInterest Rate Definition | Investing Dictionary | U.S. News

    Dec 11, 2023 · Interest rates are a measure of the cost of a loan to a borrower. Typically expressed as a percentage, an interest rate is applied to the outstanding balance of a loan at...