Rate Of Interest

Noun1.rate of interest - the percentage of a sum of money charged for its use
bank discount, discount, discount rate - interest on an annual basis deducted in advance on a loan
discount rate - the rate of interest set by the Federal Reserve that member banks are charged when they borrow money through the Federal Reserve System
base rate - the interest rate set by the Bank of England for lending to other banks
prime interest rate - the interest rate on short-term loans that banks charge their commercial customers with high credit ratings
usury, vigorish - an exorbitant or unlawful rate of interest
charge per unit, rate - amount of a charge or payment relative to some basis; "a 10-minute phone call at that rate would cost $5"

 

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