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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 ?
The HER2 IHC positive and negative cases appear to have slightly worse concordance rates in 2011 versus 2008 (5), although analysis is based on a limited response (331 out of 443 participants).
When ThinPrep, SurePath, and Papanicolaou-stained challenges were combined, considering similarity of the staining technique and morphologic details in these 3 groups and compared to modified Giemsa-stained challenges, concordance rates for adenocarcinoma and SCC were 54.
Amebic organisms were infrequently recognized, with the lowest overall concordance rate for the target diagnosis at only 41.
The overall concordance rate, defined as the mean of the perrater concordance rates with respect to the reference evaluation, was 75.
Molnar (9) compared microscope slide and WSI diagnoses of 61 routine gastric biopsies and 42 routine colon biopsies, and reported a final concordance rate of 95.