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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 ?
The population morbidity rate may be due to two main factors: importation of infested fish from endemic areas and the presence of own infestation foci.
The model above shows that at the 30th unit increase of Temperature, the morbidity rate will equal to 6.
We have found that there were no significant differences in the structure of morbidity rate in the comparing groups, even though were observed certain distinctions, which are shown in Figure 2.
The amebiasis morbidity rate among Afghans is estimated at 3% of the population.
Severe morbidity rates and case fatality rates were therefore calculated using 214 as a denominator (the total number of cardiac deliveries), but other data presented were based on 189 as the denominator.
The impact of this cohort effect should be considered when projecting future morbidity rate changes in the underlying population.
The comparisons with unemployed Australians, presented in Table 2, are particularly interesting because they contrast case manager morbidity rates with morbidity rates in the case managers' primary client group, the long-term unemployed.
In New York State in 1995, one hospital that performed only about half the recommended number of bypasses had a morbidity rate over twice the state average.
Since the disease still had a fearsome impact - the morbidity rate was two-thirds that of 1832, and the total number of deaths was slightly higher - and since Parisians had lived through a period of worsening class conflict and a revolutionary episode in 1848 much bloodier than that of 1830, Kudlick finds this silence paradoxical.
Age has been identified as the only significant factor increasing the morbidity rate after laparoscopic cholecystectomy in a recent retrospective multivariate analysis [8].