Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

English definition of “fixed rate”

fixed rate

noun [C]    
FINANCE an interest rate on a loan that is fixed when the loan is taken out and that does not change : a buy-to-let loan at a fixed rate of 4% → Compare floating rate, variable rate
fixed-rate adjective [before noun]
(Definition of fixed rate noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of fixed rate

More Business English definitions for “fixed rate”

Word of the Day

familiarity

a good knowledge of something, or the fact that you know it so well

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More