- interest rate
- The percentage of an amount of money which is paid for its use for a specified time. Commonly expressed as an annual percentage rate (APR). Federal and state laws regulate interest rate amounts and disclosures on consumer loans.- coupon rate of interest- usury.@ lock rateAn interest rate established at the time of the mortgage application and guaranteed for a specified period, usually until closing. A rate can be "locked" for varying periods-30, 60 or 90 days, in most cases.@ nominal interest rateThe periodic rate of interest that is stated in a loan agreement or security. Frequently the
is greater than the nominal rate because of factors like the frequency of compounding and the deduction of interest in advance.**effective interest rate**+**nominal interest rate**The rate of interest stated in a security as opposed to the actual interest yield that is based upon the price at which the interest-bearing property is purchased and the length of time to maturity of the obligation@- prime rate@ real interest rateThe inflation-adjusted rate charged for borrowing funds.@

*Black's law dictionary.
HENRY CAMPBELL BLACK, M. A..
1990.*

### Look at other dictionaries:

**interest rate**— n. The percentage used to calculate interest due on a loan. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. interest rate … Law dictionary**interest rate**— interest rates N COUNT The interest rate is the amount of interest that must be paid. It is expressed as a percentage of the amount that is borrowed or gained as profit. The Finance Minister has renewed his call for lower interest rates. ...a… … English dictionary**interest rate**— interest ,rate noun count the percentage that an institution such as a bank charges or pays you in interest when you borrow money from it or keep money in an account: high/low interest rates: Consumers have been discouraged by high interest rates … Usage of the words and phrases in modern English**interest rate**— interest .rate n the ↑percentage amount charged by a bank etc when you borrow money or paid to you by a bank when you keep money in an account there … Dictionary of contemporary English**Interest rate**— Finance Financial markets Bond market … Wikipedia**interest rate**— The monthly effective interest rate. For example, the periodic rate on a credit card with an 18% annual percentage rate is 1.5% per month. Bloomberg Financial Dictionary * * * interest rate ˈinterest ˌrate noun [countable] FINANCE the percentage… … Financial and business terms**Interest Rate**— The amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets. Interest rates are typically noted on an annual basis, known as the annual percentage rate (APR). The assets borrowed could include, cash … Investment dictionary**interest rate**— noun the percentage of a sum of money charged for its use (Freq. 1) • Syn: ↑rate of interest • Hypernyms: ↑rate, ↑charge per unit • Hyponyms: ↑discount rate, ↑ … Useful english dictionary**interest rate**— UK / US noun [countable] Word forms interest rate : singular interest rate plural interest rates economics the percentage that an institution such as a bank charges or pays you in interest when you borrow money from it or keep money in an account … English dictionary