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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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The Mortgage Encyclopedia. Copyright © 2004 by Jack Guttentag. Used with permission of The McGraw-Hill Companies, Inc.
References in periodicals archive ?
However, the steady decline in case fatality rates suggests that improved case management in health facilities has contributed to the decrease in the number of deaths.
The fatality rate in Alaska's commercial fishing industry has significantly decreased since the 1990s, according to the report "Workplace Deaths in Alaska: Long Term Decline in Fatalities Continues" in the December 2013 issue of Alaska Economic Trends published by the Alaska Department of Labor and Workforce Development Research and Analysis Section.
Overall, fatality rates were highest among workers aged [greater than or less than] 65 years (3.1 deaths per 100,000 FTE workers), followed by those aged 55-64 years (1.4 deaths per 100,000 FTE workers) (Table).
The publication stated that "the analysis found that the seats in the back third of the aircraft had a 32 per cent fatality rate, compared with 39 per cent in the middle third and 38 per cent in the front third".
As of January 2019, 2,298 laboratory - confirmed human cases of MERS-CoV from 27 countries have been reported, including 811 associated deaths giving a fatality rate of 35.2 per cent.
The five-year average fatality rate of 0.20 per cent is significantly lower than 20 years ago when it stood at 0.29 per cent.
Our results indicate that working in inpatient units with high fatality rate, very high number of deceased patients or high proportion of elderly patients was associated with high levels of emotional exhaustion among the analyzed sample of nurses (Table 4).
Notes David Yang, executive director of the AAA Foundation for Traffic Safety: "This study also found the fatality rate of a teen driver-related crash increased when factors like speeding or driving at night were introduced."
Inpatient case fatality rate reflects both how ill a child is on admission and the quality of care received in the facility.
Its director of Equine Health and Welfare, David Sykes, said: "This was an exceptionally rare occurrence and overall Hexham's recent safety record has been good, operating well below the national average fatality rate.
In the early-to-mid-1990s, Alaska had the highest workplace fatality rate in the nation, largely driven by commercial fishing deaths, followed by flight and logging accidents A lot has changed since then--high-fatality industries have become smaller, regulations have changed the way some industries operate, and technology has made some dangerous activities safer.
The cities are ranked by the cyclist fatality rate per million people in the U.S.