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    Also found in: Dictionary/thesaurus, Medical, Legal, Acronyms, Encyclopedia, Wikipedia 0.03 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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ESR Technology recruits oil, gas safety expert ESR Technology, one of the industry's leading engineering, safety and risk management consultancies, today announced the appointment of Martyn Foote as general manager of its Aberdeen operation.
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These low-carbon steels are said to have low residual stresses, which helps achieve nearly distortion-free machining, and their high cleanliness (claimed to be close to ESR levels) facilitates polishing and etching.
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Several Gulf Cooperation Council countries have shown interest in nuclear energy -- including Kuwait and Qatar -- but it is in the United Arab Emirates where moves to establish a legal and regulatory framework for the new industry are at an advanced stage with firm decisions expected any time now," said Pat Lawless, CEO of ESR Technology, a company with operational bases in the UK and the Middle East.
Nuclear industry takes shape in the Gulf by Albawaba.com
 
 
 
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