Interest Rate
Word | INTEREST RATE |
Character | 13 |
Hyphenation | N/A |
Pronunciations | N/A |
Definitions and meanings of "Interest Rate"
What do we mean by interest rate?
Here you will find one or more explanations in English for the word interest-rate. Define interest-rate, interest-rate synonyms, interest-rate pronunciation, interest-rate translation, English dictionary definition of interest-rate.
The rate at which borrowers pay interest for money borrowed in the loanable funds market that has been adjusted for inflation. Also shows what savers earn for lending. Urban Dictionary
(ECONOMICS) the difference between the nominal interest rate and the rate of inflation; the actual premium charged by banks for lendable funds. The real interest rate can be determined by subtracting the annualized rate of inflation from the prime rate offered by banks to borrowers with the best credit. During the 1970's, the USA experienced relatively high inflation (peaking at 17% in January 1980). In some months this exceeded the prime rate, resulting in negative interest rates for short periods (e.g., April-October, 1978; Feb-July, 1979). One problem of deflation (i.e., falling absolute prices) is that it always occurs when the economy is in VERY severe recession, and there is no way the central bank can reduce the real interest rate to zero, since 0% nominal rates minus negative inflation = positive real interest rates. Urban Dictionary
A loan-shark's "percentage extra" quote which is so outrageously exorbitant that you incredulously reply, "You serious?!" Urban Dictionary
Synonyms and Antonyms for Interest Rate
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The word "interest-rate" in example sentences
Cross Reference for Interest Rate
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What does interest rate mean?
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