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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.

Rate

See Interest Rate.

References in periodicals archive ?
The average yearly enrollment during 1998-2006 of 36,000 was used for calculating case rates for all students (5).
Overall and clustered tuberculosis case rates during 2 periods in 3 urban districts of Madrid, Spain * Case rate/100,000 persons ([dagger]) Characteristic Overall p value Clustered All cases Period 1 30.
The Treasury Department was recognized for the greatest reduction in injury and illness case rates.
The NPRA data mirrors the OSHA 300A form and includes the Total Recordable Incidence Rate; Days Away, Restricted, or Transferred Rate; Day Count Rate; and Fatality and Days Away from Work Case Rate.
3 Firm To Ensure Safe Delivery Of The Material To The Consignee 4 In Case Rate Of Excise Duty And Sales Tax Not Specified Offer Shall Be Evaluated With Maximum Rate Of Ed And St Quoted By Any Firm Against This Tender.
Being the only engineering and construction company to be honored this year, Kinetics is especially proud of their lost-time case rate for 2004 of 0.
Case rate compensation, which combines a base salary with a case rate for each new patient seen, achieves this goal, Dr.
In Russia, the case rate of rabies in humans remains constant (7 to 16 annual cases over the past 10 years).
The PROS Hospital Optimization System, currently in use at Texas Children's Hospital, uses forecasts of patient demand for provider resources to determine resource groupings, optimal prices, and packaging strategies (discount of charges, case rate, per diem, etc.
The number of tuberculosis cases in the United States continues to decline, but the case rate in foreign-born individuals in this country remains far higher than in U.
Because of the high rate in the postwar period, however, the TB case rate remains higher in Japan than in other countries.
The new contract migrates toward a new structure highlighting a blended per diem and case rate, and away from traditional stop loss provisions.