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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 rise in mobile attack rates as attackers turn their attention towards the growing mobile economy
Attack rates were calculated as the number of cases per number of exposed persons (defined as persons who had experienced face-to-face contact with a symptomatic MERS case-patient in either hospital or as persons who had been in the same hospital ward as the symptomatic case-patients).
For 25[degrees]C, R statistical software was unable to estimate parameter values, wherefore the attack rate (a) and handling time ([T.
For people with HIV, the heart attack rate was higher in current smokers than in previous smokers--and much higher than in people who never smoked.
The values of handling time (Th) and attack rate (a) were calculated using Holling disc equation modified by reciprocal linear transformation (Livdah and Stiven 1983).
When adjusted to account for demographic changes in the county's population between the two periods, the data revealed an annual heart attack rate of 151 per 100,000 people before the ban and 101 per 100,000 afterward.
A very high attack rate observed in this outbreak indicates heavy contamination of the pond-connected tubewell-water.
The parameters of the attack traffic stream include the Attack Period (T), the attack rate (r) and the burst length (L).
However, the initial attack rate, meaning the rate at which index cases became infected, was much higher with HlNl than with seasonal flu, as was reported worldwide.
This year, providers reported a peak sustained attack rate of 49 Gbps, a 22% growth over last year's peak of a 40 Gbps attack, which shows the attack scale growth has slowed in the past 12 months.
Similarly, Ireland's heart attack rate fell by 11% the year after the introduction of its ban on smoking in public places that started in 2004.