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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.
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See Interest Rate.

The Mortgage Encyclopedia. Copyright © 2004 by Jack Guttentag. Used with permission of The McGraw-Hill Companies, Inc.
References in periodicals archive ?
BMR to seek a stock market listing in conjunction with a fund raise for the Montezuma property ('Listing and Placement').
The predicted BMR of healthy, overweight, and obese subjects in both sexes demonstrated in Tables 6 and 7.
If a curve is forced to 100% without data normalization, the BMC10 is off by a factor of 6.3, while the BMC50 is only off by a factor of 2 (showing that the problem is more pronounced for low BMRs).
In addition BMR will offer Jubilee an executive seat on the BMR board as well as an executive seat on the EPL board.
(1987) also reported that extent of degradation was higher for bmr mutants than the normal genotypes of sorghum and Sudan grass hybrid sorghum.
Mir Mujtaba Hussain, secretary general BMR, said that it is an opportunity to re-chalk the hallmarks of a great interaction between industries and the end-consumers to make the world an eco-friendly place.
investigated the influence of physical activity on BMR in athletes and found that the athletes showed a significantly higher BMR than was expected from calculations based on body mass (16%, p < 0.05) or body composition (12%, p < 0.05).
Pascal Houle's first order of business in the top job at BMR is to get two businesses working well together.
Last season's champion, Colin Turkington is with a new team and will defend his title in one of four VW CC's being run by Team BMR Racing.
In an exclusive interview with Khaleej Times, Mujtaba, an enterprising businessman and the BMR's secretary-general, spelt out his acumen behind an industry that is second to none in terms of profit and productivity.