interest rate

American  

[in-ter-ist reyt, -trist] / ˈɪn tər ɪst ˌreɪt, -trɪst /

noun

Finance.

1. Business. the amount that a lender charges a borrower for taking out a loan, for maintaining a balance on debt, etc.: typically expressed as an annual percentage of the loan balance.

2. Banking. the amount earned on a savings, checking, or money market account, or on an investment, such as a certificate of deposit or bond: typically expressed as an annual percentage of the account balance or investment sum.

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interest rate Cultural  

1. The usual way of calculating interest — as a percentage of the sum borrowed.

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Etymology

Origin of interest rate

First recorded in 1885–90

Compare meaning

How does interest-rate compare to similar and commonly confused words? Explore the most common comparisons:

• discount rate vs. interest rate

Example Sentences

Another potential spoiler: If the Federal Reserve keeps interest rates higher than expected, it could take momentum out of riskier assets including Chinese stocks, she adds.

From Barron's

Another potential spoiler: If the Federal Reserve keeps interest rates higher than expected, it could take momentum out of riskier assets including Chinese stocks, she adds.

From Barron's

Another potential spoiler: If the Federal Reserve keeps interest rates higher than expected, it could take momentum out of riskier assets including Chinese stocks, she adds.

From Barron's

The group also published its projections for interest rates, showing further disagreement.

From Barron's

While many readers may recall historical periods when interest rates were meaningfully higher, the 10-year U.S.

From Barron's

Related Words

• interest