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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 ?
"If some of these deals were to turn sour, it could trigger a reappraisal of risk which would curtail market access more broadly," Mr Rato said.
Rato praised China's move in July 2005 to link the yuan to a basket of currencies -- since then it has appreciated against the U.S dollar by about 6 percent -- but he said that policy needs to be ''fully implemented over the next few months.''
There is an asymmetry to the global imbalances that neither Rato, nor Bergsten, nor the ECB spokesmen see: If the United States acts unilaterally to remedy its side of the imbalances, the rest of the world's export-driven, stagnant-domestic-demand economies could tumble.
Rato, the first Spaniard to head the Fund, comes from a powerful, conservative family with strong links to commercial, industrial and financial businesses and more recently with information and media holdings.
Rato called on Japan to ease its tariff quotas on leather imports so as to boost Spanish exports to Japan of leather goods and shoes, the official said.
Asked whether the current investment incentives will still be available after Spain becomes a founding member of the European Economic and Monetary Union (EMU) next January, Rato said they will continue to be offered.
005/10 da UNIVALI e seguindo-se os principios do bem-estar animal de acordo com as diretrizes da Sociedade Brasileira de Ciencias em Animais de Laboratorio (SBCAL), o experimento utilizou 40 ratos Wistar femeas, pesando entre 230-260g, com aproximadamente 3 meses de idade, oriundos do bioterio da Universidade do Vale do Itajai (UNIVALI), dividindo-se aleatoriamente em 4 grupos (n=10/grupo), pesando-se os animais de todos os grupos no inicio e final do experimento.
Rato, who is visiting Japan to promote the three-day trade fair called "ExpoConsumo '98" at the Tokyo Big Sight in Tokyo's waterfront area starting Tuesday, said, "We would like to bring the image of Spain closer to Japanese consumers not only from the standpoint of products but also from tourism (through the trade fair)."
Rodrigo Rato, the chairman of Bankia SA (BKIA.MC) has denied reports that the Spanish bank had been close to agreeing a merger with CaixaBank SA (CABK.MC) in December 2010, Dow Jones has reported.
26 July 2011 - Swedish private equity investor Ratos AB (STO: RATO B) said today its subsidiary Stofa A/S will not complete the acquisition of the Danish cable TV operations of Canal Digital AS due to small chances of getting anti-trust clearance.