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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 ?
In many cases, the ventilation systems may be over-designed, and there is reluctance to reduce ventilation rates due to the perceived risk involved.
Descriptive statistics for maximum C[O.sub.2], estimated ventilation rate, and predicted RP.
There was no difference detected in the other critical components of CPR, including appropriate chest recoil and ventilation rate and volume.
3) Increase ventilation rates during and after painting, cleaning, waxing floors or any other pollutant generating activities.
The IAQP potentially allows lower ventilation rates than the VRP does, if sufficient ventilation and air cleaning is provided to maintain COCs concentrations below these limits.
An adjustment equation (Figure 5) was obtained based on all the ventilation rate data.
"Association between substandard classroom ventilation rates and students' academic achievement." Indoor Air 21(2): 121-131.
With an increased ventilation rate, the formaldehyde concentration between the air and source of interface would increase, thus promoting the diffusion of formaldehyde to the mainstream air and reducing the formaldehyde concentration on the surface of the wood composites.
Figures 5-7 show the variations of air temperature and the transient ventilation rate with time.
indirect ventilation rate determination for manure belt laying hen houses.
"Opening windows and doors, operating window or attic fans when the weather permits, or running a window air conditioner with the vent control open, increases the outdoor ventilation rate." The agency adds that local bathroom or kitchen fans that exhaust outdoors also remove contaminants while increasing the outdoor air ventilation rate.