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Home > QFINANCE Dictionary > Definition of interest rate

Definition of

interest rate

Finance

percentage of money charged for borrowing the amount of interest charged for borrowing a sum of money over a specific period of time

Recommended Further Reading (Term count)

Definitions of ’interest rate’ and meaning of ’interest rate’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’interest rate’ and other financial terms with our online QFINANCE Financial Dictionary.

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