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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 ?
The infant mortality rate was highest among low birthweight babies (under 2,500 grams) at 34.7 deaths per 1,000 live births in 2017, an increase of 5.8% from 2016.
Despite Texas' above average infant mortality rate, there is preventive work both state and national governments can do to help reduce the social and structural determinants of infant mortality rates, said March of Dimes Deputy Medical Officer Lisa Waddell.
But a study has revealed a resistance to adopting the method, which has seen infant mortality rates plummet in Finland.
The study uses death rate, life expectancy at birth, infant mortality rate, and infant mortality rate under-5 as health outcomes.
The Central Intelligence Agency world infant mortality rankings for 2007 showed clearly that infant mortality rates in sub-Saharan African countries are tens to hundreds of times that of industrialized countries.
Gaza, Aug 10 (Petra)-- The infant mortality rate in the besieged Gaza Strip has dramatically risen for the first time in more than half a century, according to an UNRWA study.
Summary: The infant mortality rate in Gaza has risen for the first time in five decades, according to an UNRWA study, and a U.N.
Areas with a large Indigenous population consistently represented the highest maternal and infant mortality rates, such as Winnipeg's Port Douglas or downtown core, which has an infant mortality rate at 7.3 to 7.4 deaths per 1,000 live births.
The infant mortality rate in Kyrgyzstan rose slightly for 6 months of 2014, reaching 21.6 per 1,000 live births (up 1.4%).
His statistical analysis finds that the real infant mortality rate in Cuba is comparable to that of middle-income countries in Latin America, such as Chile and Costa Rica, and not the world's richest nations.
In 2009, a total of 165 West Virginia infants died yielding an infant mortality rate of 7.76 per 1,000 live births (WV HealthStatistics Center, 2012).
For the last five years, the infant mortality rate was calculated at 7.7 deaths per thousand, and the under-5 mortality rate was calculated at 11.25 per thousand.

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