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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 ?
He said despite the implementation of the No Balance Billing (NBB) and the All Case Rates, some qualified NBB patients still incur out-of-pocket expense due to the unavailabity of medicines, doctors and laboratory and diagnostic facilities in government hospitals were they are confined.
Louisiana case rates were obtained by dividing the number of cases in each category (grouped by age or gender) per year by population estimates in each age or gender category for each year using population estimates obtained from US census data population projections.
Similarly, the case rate of 374/100,000 for scholarship athletes, >4x higher than that for other students, is associated with a >5-fold increase in coccidioidal testing.
The Commonwealth Fund provided some initial funding to develop the group's evidence-informed case rates (ECRs), which are used as the foundation of the payment system.
Another way to encourage productivity would be to increase the case rate after a certain threshold of patients.
The decline in the case rate was reflected in both the goods-producing and service-producing industries.
The company says those patients whose conditions have progressed and have already developed catastrophic diseases will be covered by Avandel's Case Rate or Per Member Per Month (PMPM) Products and receive the appropriate care through its specialized medical management.
Padilla said the increase in coverage was made possible by the lowering of the case rate amount from P4,000 to only P2,500 per session.
0 or a days away from work due to injury or illness (DAFWII) case rate at or above 5.
In 2011, Asians became the largest single racial/ethnic group represented among TB cases, with a case rate 25 times that of non-Hispanic whites.