Rate

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Related to adjusted rate: Inflation Adjusted Rate of Return

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.

References in periodicals archive ?
Since 1971, county sales taxes, adjusted rate change, have grown 6.
Sales reached a seasonally adjusted rate of 652,430 houses during the quarter, the most since the association began keeping quarterly records in 1979.
This represents an 11% increase above the company's latest split adjusted rate and marks the fifth increase in the regular quarterly cash dividend in the last four years.
6319 on its Adjusted Rate Cumulative Preferred Stock, Series Q.
Contracting for new construction dropped 1% in October to a seasonally adjusted rate of $490.

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