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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 ?
The morbidity rates of the respiratory diseases were calculated using the following equation and conditions:
A total of proportional morbidity rate (PMR) among PBS cases studied was estimated to be 8.7% that actually relates data more towards specialty and interests of clinicians rather than that of incidence of that particular disease amongfeline population (Willeberg, 1984).
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.
Figure 1 illustrates common morbidity rate on admission in the studied groups.
(21) In the Jalalabad region, with its irrigated areas of rice cultivation, the morbidity rate is estimated at 240 cases/1000 people per year.
The severe morbidity rate was 11.6% and the case fatality rate 3.3%.
To calculate an incidence rate, base morbidity numbers and average membership were combined for each period of analysis to calculate the average morbidity rate per person.
Parameters included a 5% morbidity rate among adolescents with GBS, which overall carries a favorable prognosis (Lancet 1998;352:635-41).
The morbidity rate was running at 7% and the mortality rate had increased from 3% in March to 7% in May, according to WHO figures.
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.