rate of interest

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Related to rate of interest: effective rate of interest, Nominal Rate of Interest

Rate of interest

The rate, as a proportion of the principal, at which interest is computed.

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.

rate of interest

see INTEREST RATE.

rate of interest

see INTEREST RATE.

Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005

References in periodicals archive ?

For the purposes of this article, I will view the natural real rate of interest as the trend component of a specific measure of a short-term real interest rate.

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My figure 1 compares the nominal natural rate of interest r* of Del Negro and his colleagues (dashed line) with Wu and Fan Dora Xia's (2016) shadow rate (solid line).

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The industrial sector in Bahrain saw its rate of interest fall from 4.58 per cent to 3.73 per cent.-TradeArabia News Service

Trade loan interest rates up in Bahrain

"The rate of interest, if it is market determined, is high or low in a country depending on the demand for and supply of, loanable funds, the nature and extent of the risk involved, and the rate of inflation.

Interest, Usury and its Impact on the Economy

[section]55.03(1) requires the chief financial officer to set the rate of interest payable on judgments and decrees on December 1, March 1, June 1, and September 1 of each year for the following applicable quarter.

Judgments and decrees interest rate set

Interest, which can be added to the account or paid into other savings accounts, is paid annually on the first business day following 5 August on minimum balances of Au500 (balances which fall below this amount will earn Northern Rock's prevailing rate of interest, 0.10% tax free* pa /AER**).

Northern Rock launches new Fixed Rate e-ISAs

Capital is protected so savers still get their original deposit back, plus the fixed rate of interest even if deflation occurs."

BM lifts fixed rate for savers; pound NOTES

Laura Preston of Investec in Guernsey said, "While the Fed rate remains so low, it is more vital than ever that savers' keep a close eye on the rate of interest they're receiving.

More than half of US dollar offshore savings accounts paying less than Fed rate

Chapter 4 is entitled 'The Rate of Interest: Locke and His [sic] Critics'.

D.P. O'Brien. The Development of Monetary Economics. A Modern Perspective on Monetary Controversies

He said one of the people who approached him was an alcoholic and that he had suggested a "ridiculous rate of interest" in order to put him off.

pounds 5,000 fine for high interest money lender; NORTHFIELD

Most credit card providers now treat online gambling transactions as cash advances - which usually attract a higher rate of interest than purchases, according to price comparison site Moneynet.co.uk.

Credit card crunch for online gamblers; PERSONAL

AMANDEEP Samra invests in a mini-cash Isa with Kent Reliance Building Society because of its great rate of interest - 6.21 per cent.