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Blanket Rate

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Blanket Rate
An interest rate or price that applies to all goods or services of the same type. That is, a blanket rate does not vary according to special circumstances.


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According to the Ministry of the Economy and Finance, the future law makes provision for compulsory enrolment in additional insurance through the payment of a premium on top of the blanket rate for people who already hold insurance.
Perhaps the government should think about introducing, in addition to its blanket rates, person-specific increases.
Consumer lenders lost ground after Japan's governing coalition agreed in principle Tuesday to put off introducing an exceptionally high interest rate in the scheme of a proposed blanket rate cap.
 
 
 
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