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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 ?
He then called on men to support their women to come and patronize these services saying, 'At the end, if the women and the children are healthy, the father will be healthy too and the society will be better for it thus reducing our high maternal mortality rate.'
Maternal mortality rate which measures the risk of dying from pregnancy are highest in Africa.
There was a maternal mortality rate of 13% due to multiorgan failure and disseminated intravascular coagulation.
Rural areas in Pakistan are faced with high Maternal Mortality Rate and this is due to several factors.
"According to the Namibian demographic health survey, maternal mortality rate did not show much improvement in the last decade.
According to UNFPA, the maternal mortality rate in Yemen is the highest in the region.
Reliable maternal mortality rate in Pakistan is not exactly known.
The maternal mortality rate of 35 deaths per 100,000 women of reproductive age in the MCH-FP area was 37% lower than in the comparison area (56 deaths per 100,000).
LAHORE, July 8 -- The Maternal Mortality Rate (MMR) is about 276 deaths per 100,000 births and post natal haemorrhage (excessive bleeding) is responsible for one-third of all maternal deaths in the country, World Population Foundation (WPF) Assistant Programme Officer Sidra Ashraf said on Wednesday.
The raw data from the California Department of Public Health show that the overall maternal mortality rate in the state is about 16.9 deaths per 100,000 live births for 2006, up from 5.6 deaths per 100,000 live births a decade earlier.
Various health schemes under the National Rural Health Mission are being implemented with an aim to bring down the Infant Mortality Rate and Maternal Mortality Rate. The schemes are not only trying to create increased health awareness among the poor, but the aim is also to increase the manpower of the health department in the state.

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