interest rate Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "interest rate" - Business English Dictionary

See all translations

interest rate

noun [C]
 
 
( also rate of interest) BANKING, FINANCE
the percentage amount that you pay for borrowing money, or get for lending money, for a period of time, usually a year: a 7% interest rate an interest rate of 7% a high/low/zero interest raterising/falling interest rates Falling interest rates acted as a tax cut for households. rumours of an interest rate rise Interest-rate fluctuations may affect present and future cash flows of the company. A rise in the interest rate causes the value of existing bonds to fall. The government may cut interest rates to boost growth. The bank has decided to leave interest rates unchanged. Some cards charge an interest rate of over 16%. The National Bank has set the interest rate at 6%. a variable/fixed interest rate long-term/short-term interest rates
(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

Definitions of “interest rate” in other dictionaries

Word of the Day
social security

a system of payments made by the government to people who are ill, poor, or who have no job

Word of the Day

Are you a glass-half-full person? (Everyday Idioms)
Are you a glass-half-full person? (Everyday Idioms)
by Kate Woodford,
July 29, 2015
A reader of this blog recently asked for a post on idioms that are used in everyday English. This seemed like a reasonable request. After all, if you are going to make the effort to learn a set of English idioms, you want those idioms to be useful. The question, then, was

Read More 

exoskeleton noun
exoskeleton noun
July 27, 2015
a robotic device which goes around the legs and part of the body of a person who cannot walk and allows them to move independently and in an upright position The device, known as an exoskeleton, is strapped to the outside of a person’s limbs and can then be controlled by them.

Read More