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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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See Interest Rate.

The Mortgage Encyclopedia. Copyright © 2004 by Jack Guttentag. Used with permission of The McGraw-Hill Companies, Inc.
References in periodicals archive ?
Overall, five-year survival rates in the area have improved for 11 out of 14 common cancers between 2007 to 2011 and 2012 to 2016.
We also found there was significant correlation between the expression of E-cadherin and lymphatic metastasis, hepatic metastases and UICC stage, and the five-year survival rate in Ecadherin positive expression group was 61.4% and in negative expression group was 26.3%, this indicates that E-cadherin is an important marker of tumor aggressiveness.
It said five-year survival rates for breast cancer in Wales are up to 10 times higher than lung cancer survival rates.
The five-year survival rate for all head and neck cancer patients is 57%; for patients with stage IV oral cancers, the survival rate is 20%.
Though news of cancer cases seem to be rising by the day, between 1991 and 2011, deaths from all cancers combined fell by 17 per cent and the five-year survival rate increased from 47 per cent in 1982-1987 to 66 per cent in 2006-2010.
Patients who received the DC-TC therapy, before or after IL-2, had a five-year survival rate of 50 percent compared to 13 percent with IL-2 alone, and 28 percent for patients who received IL-2 and TC.
The overall five-year survival rate for pancreatic cancer patients is only five percent, even with available treatments.
If the cancer is detected early enough, the five-year survival rate is as high as 97 percent for some types of breast cancer.
The five-year survival rate for these patients is 27%, note company officials.
A report on two meta-analyses of stage II and III operable non-small cell lung cancers treated with surgery with or without chemotherapy reported that postoperative chemotherapy improved the five-year survival rate, recurrence-free survival time to localized recurrence, and time to distant recurrence.
In some cases, such as those of lung cancer, patients' five-year survival rate more than doubled, according to research cited yesterday.