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Rate
(redirected from crude rate)

    Also found in: Dictionary/thesaurus, Medical, Legal, 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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Petroleum Minister Murli Deora later assured a reduction in keeping with a fall in global crude rates.
Hike in fuel prices mars Indian budget session by Arab News (Jeddah, Saudi Arabia)
Petronet agreed to buy five million tonnes of LNG every year from RasGas under the deal, with the price linked to the Japan Custom Cleared Crude rate.
In Brief by Oil & Gas News
State-run firms Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum Corp, have resisted moves to cut fuel prices arguing they need to make up for losses incurred earlier as crude rates soared.
India to cut fuel prices after December 24: Deora by Asian News International
 
 
 
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