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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.


See Interest Rate.

References in periodicals archive ?
A substantial sum of a survey's budget can be spent efforts to increase the response rate (including spending money on incentives, advance letters, additional telephone calls, refusal conversion, and follow-up mailings, etc.
Recommendation: To enhance credibility of the response rate for determining cost and planning for future census activities, to inform assumptions underlying the 2020 response rate estimate, and to improve the planning and transparency of the Bureau's research and testing, the Secretary of Commerce should direct the Bureau to establish procedures for selecting methods for increasing response rate that will be the subject of research and testing, including requirements for documenting how the Bureau defines and weighs factors used to select methods and documentation on methods considered but not tested.
In fact, the physically attractive male photo pulled the lowest response rate of all photos.
First, variability in response rate in the former VR-schedule component was greater than the variability in response rate in the former DRL-schedule component before most of the probes.
A survey's response rate, however, is not the only, or even the best, measure of how representative it is.
The response rate to this survey was 76/304, or 25 percent.
Web-based surveys that incorporate advanced design and programming features generally involve more time to display content and process, and can lead to lower response rates because they take longer to complete (Dillman et al.
In a reversal of a 30-year trend, 67 percent of American homes filled out and returned a Census 2000 questionnaire, a 2 percent increase in the response rate for the 1990 Census.
In fact, the mailing list is so important, you may discover that mailing to different, tested lists ups your response rate by as much as 60%.
First, it examines response rate research in marketing, sociology, and public opinion measurement.
They used a smaller sample of recent clients and had a much higher response rate.