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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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Rate

See Interest Rate.

The Mortgage Encyclopedia. Copyright © 2004 by Jack Guttentag. Used with permission of The McGraw-Hill Companies, Inc.
References in periodicals archive ?
Ratas, in turn, noted that the development of Kazakhstan can be evidenced by the infrastructure facilities of Astana.
Estonia is a member of the European Union and Organization for Economic Cooperation and Development (OECD) and our tax policy meets all international requirements and standards, including the laws of Ukraine," Ratas emphasized in his statement.
Para cosechar = en desarrollo x efecto de incidencia de ratas sobre plantas x efecto de incidencia de malezas sobre plantas (5)
Diseno del experimento y esplenectomia (ENTZ): Las ratas fueron divididas al azar en tres (3) grupos: 1) Grupo Experimental (GE) de cinco ratas ENTZ e infectadas con larvas de A.
Como observa Borges en una de las primeras resenas sobre esta novela (publicada en la revista Sur, 1944), el tema de Las ratas "es la prehistoria de un crimen, las delicadas circunstancias graduales que paran en la muerte de un hombre" ("Jose Bianco: Las ratas" 271).
Grupo 1 (animales controles, n = 16): compuesto por cuatro lotes, a saber: lote 1: cuatro ratas con dieta y agua ad-libitum (123 dias), lote 2: cuatro ratas con dieta y leche ad-libitum (123 dias), lote 3: cuatro ratas con dieta y agua ad-libitum (240 dias) y lote 4: cuatro ratas con dieta y leche ad-libitum (240 dias).