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    Also found in: Dictionary/thesaurus, Medical, Legal, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
Interest Rate
The percentage of the value of a balance or debt that one pays or is paid each time period. For example, if one holds a bond with a face value of $1,000 and a 3% interest rate payable each quarter, one receives $30 each quarter. The percentage of the interest rate remains constant (usually), but the amount one pays or is paid changes according to the amount of the balance or debt. For example, if one pays off part of the principal on a loan each month, the amount one pays in interest decreases even though the rate remains the same. See also: Time Value of Money.
Rate

See Interest Rate.
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As of May 1, 2009 the European Commission banned products containing the biocide DMF from being placed or made available on the market.
OAP's sofa burns payout by Birmingham Mail (England)
Last year, it was revealed how Brits suffered burns, eye problems and breathing trouble by the sofas, which were packed with toxic fungicide DMF to prevent mould en route from China.
Toxic Chinese couches may cause skin cancer by Asian News International
Debra Allen, of Raleys, said: "I want to assure anyone exposed to DMF from furniture they purchased at Land of Leather that no matter what happens to the business their claim for personal injury compensation will proceed as planned.
'Toxic sofa cases go on' CONLON on crime .. by Huddersfield Daily Examiner (Huddersfield, England)
 
 
 
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