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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 two have succeeded in giving Rush and Def Jam a stronger management and financial structure.
The above paragraphs of this press release may contain forward looking statements that are based upon current expectations, including views regarding future Total Hi Def market opportunities and the potential benefits of THDassign.
DEF JAM: ICON is scheduled to ship in March 2007 for the PLAYSTATION[R]3 system and Xbox 360.
DEF will work with private landfill owners to enable cleared landfill property to be donated to the communities.
Def Jam, Def Jam VENDETTA, Fight for NY and all associated logos and marks are used under license from DJR Holdings, LLC and Simcoh, LLC.
The biggest single in the history of the Island Def Jam Music Group, "We Belong Together" secured Mariah Carey's place as the #1 most successful female artist of all time when it became her 16th song to top the Billboard Hot 100.
Def Jam Enterprises and its affiliates, including Simcoh, LLC, is a lifestyle and marketing company focused on the hip hop culture.
As the line between games and traditional forms of entertainment continues to blur, EA will continue to partner with strong brands like Def Jam to redefine the rules with innovative new titles like Def Jam VENDETTA II," said Jeff Karp, Vice President of Marketing for EA.
Together, Bad Boy and Def Jam will promote, market, A&R and split profits in connection with future 112 records.
Def Jam VENDETTA brings the exciting and intense world of urban street fighting to life while staying true to the EA SPORTS BIG(TM) brand reputation with a variety of more than 1,500 hyper-realistic moves - including dozens of signature specials and taunts - that are dynamic with realistic finesse and style.
Past recipients include Russell Simmons and Chairman, President, Island Def Jam Music Group, Lyor Cohen.
amp;#8195;Michaella Krajicek, and Barbora Zahlavova Strycova (13) def.