rate of interest

Thesaurus

Noun

1.

rate of interest - the percentage of a sum of money charged for its use interest rate bank discount, discount, discount rate - 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 they borrow money through the Federal Reserve System base rate - the interest rate set by the Bank of England for lending to other banks prime interest rate - the interest rate on short-term loans that banks charge their commercial customers with high credit ratings usury, vigorish - an exorbitant or unlawful rate of interest charge per unit, rate - amount of a charge or payment relative to some basis; "a 10-minute phone call at that rate would cost $5"