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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 most distinguishing detail of the RAL/Def Jam deal with Sony is that Def Jam enjoys full profit participation in the deal.
Def Jam Interactive, an division of Def Jam Enterprises, is a preeminent force in the digital industry, providing an authentic hip hop experience through gameplay, cultural nuances, strategic partnerships, music, talent and executive direction.
The Island Def Jam Music Group is home to a multi-cultural and diverse family of artists and has fast become one of the most successful labels in the industry.
The partnership between the brands of Def Jam and EA will bring a new level of excitement to the video game industry.
Lead components of the Urban Leaguer Def Jam Reader program will include an interactive website, quarterly reading lists, a reading club membership rewards program, and one-day reading and technology festivals.
amp;#8195;Michaella Krajicek, and Barbora Zahlavova Strycova (13) def.
Price and Russell Simmons, chairman of Def Jam Records and the Hip-Hop Summit Action Network, today announced a new youth reading and leadership initiative, Urban Leaguer Def Jam Reader, that is designed to increase the reading interest, civic participation and technology awareness of urban youth.
The Island Def Jam Music Group is more than just a company or a logo," stated Lyor Cohen, President and CEO of the company.
The Best of Both Worlds marks the first time a joint venture between two of the industry's most successful music companies, The Island Def Jam Music Group and Jive Records.
Executive Vice President Titles for The Island Def Jam Music Group
Fernando Verdasco, def Leonardo Mayer, 6-4, 3-6, 6-3.