rate of interest


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Noun1.rate of interest - the percentage of a sum of money charged for its userate of interest - the percentage of a sum of money charged for its use
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"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in classic literature ?
This will, in good part, raise the price of land, because land purchased at sixteen years' purchase will yield six in the hundred, and somewhat more; whereas this rate of interest, yields but five.
Ptitsin, as was well known, was engaged in the business of lending out money on good security, and at a good rate of interest. He was a great friend of Gania's.
One day the gratuitous imports will stop in consequence of the occurrence abroad of revolution and repudiation, fall in the rate of interest, purchase of industries by governments for lump sums, not reinvestable, or what not.
He said that the increasing of rate of interest was decided by keeping in view state of price hike with the view to decrease inflation in the country .
Variable rate of interest: Unlike fixed rates, variable interest rates tend to change over the tenure of your loan.
However, fixed deposit beyond 2 years 1 days to 5 years will earn 10 basis points higher rate of interest than the previous.
This article provides some commentary on issues around what is often called "r-star," denoted "r*", the natural real rate of interest. According to leading contemporary theories, policymakers need to know the value of r* to decide if the current policy rate setting is accommodative, neutral or restrictive.
MODEL-IMPLIED r* Del Negro and his colleagues use a DSGE model to extract the natural rate of interest r*, where they specify the Euler equation with convenience yield, in line with the work of Arvind Krishnamurthy and Annette Vissing-Jorgensen (2012) and Wu and Ji Zhang (2016).
This is probably the first time that the finance ministry has not given concurrence to the rate of interest on EPF as decided by CBT, which is headed by the labour minister.
The Bank of England said that in accordance with the terms of the prospectus dated 19 December 1986, that the rate of interest payable on the 2 1/2% Index-Linked Treasury Stock 2024 for the interest payment due on 17 July 2016 will be GBP3.3250 per GBP100 nominal of stock.
This calculation also suggests a decline in the natural rate of interest. Prior to 2012 this measure of long-term real interest rates averaged more than 2 percent.