interest rate Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “interest rate” in the English Dictionary

"interest rate" in British English

See all translations

interest ratenoun [C]

uk   /ˈɪn.trəst ˌreɪt/  us   /ˈɪn.trɪst ˌreɪt/
(Definition of interest rate from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"interest rate" in Business English

See all translations

interest ratenoun [C]

uk   us   (also rate of interest) BANKING, FINANCE
the ​percentageamount that you ​pay for ​borrowingmoney, or get for ​lendingmoney, for a ​period of ​time, usually a ​year: a 7% ​interestrate an ​interestrate of 7% a high/​low/zero ​interestraterising/falling interest rates Falling ​interestratesacted as a ​taxcut for ​households. rumours of an ​interestraterise Interest-rate fluctuations may affect ​present and future ​cashflows of the ​company. A ​rise in the ​interestrate causes the ​value of existing ​bonds to ​fall. The ​government may cutinterestrates to ​boostgrowth. The ​bank has decided to leaveinterestrates unchanged. Some ​cards charge an ​interestrate of over 16%. The National Bank has set the ​interestrate at 6%. a variable/​fixedinterestrate long-term/​short-terminterestrates
(Definition of interest rate from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of interest rate?
Add Cambridge dictionaries to your browser to your website
There, their and they’re – which one should you use?
There, their and they’re – which one should you use?
by ,
April 27, 2016
by Liz Walter If you are a learner of English and you are confused about the words there, their and they’re, let me reassure you: many, many people with English as their first language share your problem! You only have to take a look at the ‘comments’ sections on the website of, for example, a popular

Read More 

Word of the Day

sample

a small amount of something that shows you what the rest is or should be like

Word of the Day

bio-banding noun
bio-banding noun
April 25, 2016
in sport, grouping children according to their physical maturity rather than their age ‘When we’re grouping children for sports, we do it by age groups, but the problem is that, within those age groups, we get huge variations in biological age,’ said Dr Sean Cumming, senior lecturer at the University of Bath’s department for

Read More